Interactive Strength Inc. (NASDAQ:TRNR) Short Interest Up 844.4% in November

Interactive Strength Inc. (NASDAQ:TRNR) was the target of a significant growth in short interest during the month of 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 daily trading volume, of 706,800 shares, the days-to-cover ratio is presently 0.1 days.

Interactive Strength Price Performance

Shares of Interactive Strength stock traded down $0.17 during trading on Friday, reaching $3.28. The company’s stock had a trading volume of 490,212 shares, compared to its average volume of 287,772. The stock has a 50-day moving average price of $10.89 and a two-hundred day moving average price of $157.66. 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 market capitalization of $2.05 million, a P/E ratio of 0.00 and a beta of -0.32.

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.