Interactive Strength Inc. (NASDAQ:TRNR) Short Interest Update

Interactive Strength Inc. (NASDAQ:TRNR) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 82,400 shares, a decline of 65.7% from the December 15th total of 240,100 shares. Currently, 9.1% of the company’s stock are short sold. Based on an average daily volume of 1,290,000 shares, the days-to-cover ratio is presently 0.1 days.

Interactive Strength Stock Performance

Shares of TRNR stock opened at $2.63 on Tuesday. Interactive Strength has a 52-week low of $2.50 and a 52-week high of $4,760.00. The stock’s 50-day moving average price is $3.58 and its 200 day moving average price is $32.03. The company has a quick ratio of 0.21, a current ratio of 0.39 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $1.64 million, a PE ratio of 0.00 and a beta of -1.05.

About Interactive Strength

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.