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

Interactive Strength Inc. (NASDAQ:TRNR) saw a large growth in short interest in January. As of January 31st, there was short interest totalling 87,600 shares, a growth of 66.5% from the January 15th total of 52,600 shares. Based on an average daily volume of 1,320,000 shares, the short-interest ratio is currently 0.1 days. Approximately 9.7% of the shares of the stock are sold short.

Interactive Strength Stock Down 1.9 %

Shares of NASDAQ TRNR opened at $1.27 on Friday. Interactive Strength has a one year low of $1.20 and a one year high of $4,760.00. The company’s fifty day moving average is $2.62 and its two-hundred day moving average is $17.84. 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 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.