Yes, it's possible, but not common. I dropped a small buck by a spine shot, and had to finish it off with my knife.it wasn't going anywhere, but severed the front from the back.
And as stated above, the arrow goes just behind the shoulder, not through it.

An unemployed Jester, is nobody's Fool.

the only real difference between a good tracker and a bad tracker, is observation. all the same data is present for both. The rest, is understanding what you're seeing.

~Molɔ̀ːn Labé Skýla~