Short Interest in Interactive Strength Inc. (NASDAQ:TRNR) Expands By 297.9%

Interactive Strength Inc. (NASDAQ:TRNR) was the recipient of a large growth in short interest in November. As of November 30th, there was short interest totalling 304,400 shares, a growth of 297.9% from the November 15th total of 76,500 shares. Based on an average trading volume of 1,180,000 shares, the short-interest ratio is presently 0.3 days. Approximately 50.6% of the company’s stock are sold short.

Interactive Strength Stock Down 1.2 %

Shares of NASDAQ:TRNR traded down $0.04 during trading on Wednesday, hitting $3.19. The stock had a trading volume of 314,171 shares, compared to its average volume of 329,281. Interactive Strength has a 12 month low of $2.50 and a 12 month high of $4,760.00. The company has a market capitalization of $1.99 million, a PE ratio of 0.00 and a beta of -0.76. The firm’s fifty day moving average is $8.45 and its 200 day moving average is $112.35. The company has a quick ratio of 0.21, a current ratio of 0.39 and a debt-to-equity ratio of 0.69.

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.