Interactive Strength Inc. (NASDAQ:TRNR) Short Interest Down 21.1% in December

Interactive Strength Inc. (NASDAQ:TRNR) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 240,100 shares, a decrease of 21.1% from the November 30th total of 304,400 shares. Approximately 26.6% of the shares of the company are short sold. Based on an average daily volume of 1,290,000 shares, the short-interest ratio is currently 0.2 days.

Interactive Strength Stock Performance

Shares of NASDAQ:TRNR traded down $0.14 on Friday, hitting $2.76. 116,559 shares of the company were exchanged, compared to its average volume of 345,392. The company’s 50 day moving average price is $5.62 and its two-hundred day moving average price is $57.46. The firm has a market capitalization of $1.73 million, a price-to-earnings ratio of 0.00 and a beta of -0.77. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.21 and a current ratio of 0.39. Interactive Strength has a one year low of $2.50 and a one year high of $4,760.00.

Interactive Strength Company Profile

Interactive Strength Inc, doing business as FORME, operates digital fitness platform that provides connected fitness hardware products and related accessories in the United States. The company offers the Forme Studio, a fitness mirror with touchscreen display; and the Forme Studio Lift, a fitness mirror and cable-based digital resistance.