Short Interest in Interactive Strength Inc. (NASDAQ:TRNR) Expands By 66.5%

Interactive Strength Inc. (NASDAQ:TRNR) was the target of a large increase in short interest during the month of 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 volume of 1,320,000 shares, the days-to-cover ratio is presently 0.1 days. Approximately 9.7% of the shares of the company are sold short.

Interactive Strength Stock Performance

TRNR opened at $1.30 on Thursday. The firm has a 50 day moving average of $2.66 and a two-hundred day moving average of $17.96. The firm has a market capitalization of $815,850.00, a PE ratio of 0.00 and a beta of -1.01. The company has a current ratio of 0.39, a quick ratio of 0.21 and a debt-to-equity ratio of 0.69. Interactive Strength has a 12-month low of $1.20 and a 12-month 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.