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

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

Interactive Strength Trading Up 24.7 %

Shares of NASDAQ:TRNR traded up $0.68 during midday trading on Wednesday, reaching $3.43. 16,729,693 shares of the company’s stock traded hands, compared to its average volume of 280,438. 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 one year low of $2.50 and a one year high of $4,760.00. The stock has a 50 day moving average of $12.15 and a 200 day moving average of $164.16.

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.