Interactive Strength Inc. (NASDAQ:TRNR) Sees Significant Increase in Short Interest

Interactive Strength Inc. (NASDAQ:TRNR) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 87,600 shares, an increase of 66.5% from the January 15th total of 52,600 shares. Based on an average daily trading volume, of 1,320,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 9.7% of the company’s shares are sold short.

Interactive Strength Trading Up 3.1 %

NASDAQ:TRNR traded up $0.04 during trading hours on Friday, hitting $1.31. The company had a trading volume of 243,448 shares, compared to its average volume of 92,541. The company has a current ratio of 0.39, a quick ratio of 0.21 and a debt-to-equity ratio of 0.69. The company has a 50-day moving average of $2.56 and a 200 day moving average of $17.25. The company has a market cap of $825,300.00, a P/E ratio of 0.00 and a beta of -1.01. Interactive Strength has a 1 year low of $1.16 and a 1 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.