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

Interactive Strength Inc. (NASDAQ:TRNR) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totalling 82,400 shares, a decline of 65.7% from the December 31st 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 short-interest ratio is presently 0.1 days.

Interactive Strength Stock Down 4.2 %

Interactive Strength stock traded down $0.10 during midday trading on Wednesday, reaching $2.28. The company’s stock had a trading volume of 37,990 shares, compared to its average volume of 69,655. The company has a market cap of $1.44 million, a P/E ratio of 0.00 and a beta of -1.05. 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 business has a 50-day simple moving average of $2.93 and a 200-day simple moving average of $23.42. Interactive Strength has a fifty-two week low of $2.27 and a fifty-two week high of $4,760.00.

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.