Interactive Strength Inc. (NASDAQ:TRNR) Sees Significant Increase in Short Interest

Interactive Strength Inc. (NASDAQ:TRNR) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 76,500 shares, an increase of 844.4% from the October 31st total of 8,100 shares. Based on an average daily trading volume, of 706,800 shares, the days-to-cover ratio is currently 0.1 days.

Interactive Strength Trading Up 24.7 %

Shares of TRNR stock traded up $0.68 on Wednesday, hitting $3.43. The company had a trading volume of 16,729,693 shares, compared to its average volume of 280,438. The company has a 50-day moving average price of $12.15 and a 200-day moving average price of $164.16. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.21 and a current ratio of 0.39. Interactive Strength has a twelve month low of $2.50 and a twelve 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.