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

Interactive Strength Inc. (NASDAQ:TRNR) saw a large decline in short interest during the month of 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. Based on an average daily volume of 1,290,000 shares, the days-to-cover ratio is currently 0.1 days. Approximately 9.1% of the company’s shares are sold short.

Interactive Strength Trading Down 1.5 %

Shares of TRNR stock traded down $0.04 during trading on Tuesday, hitting $2.38. 10,003 shares of the stock traded hands, compared to its average volume of 71,119. Interactive Strength has a 52-week low of $2.31 and a 52-week high of $4,760.00. The firm has a market capitalization of $1.50 million, a P/E ratio of 0.00 and a beta of -1.05. The firm’s fifty day moving average price is $2.96 and its 200-day moving average price is $24.02. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.39 and a quick ratio of 0.21.

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.