Interactive Strength Inc. (NASDAQ:TRNR) Short Interest Up 297.9% in November

Interactive Strength Inc. (NASDAQ:TRNR) was the recipient of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 304,400 shares, an increase of 297.9% from the November 15th total of 76,500 shares. Based on an average trading volume of 1,180,000 shares, the days-to-cover ratio is presently 0.3 days. Currently, 50.6% of the shares of the company are sold short.

Interactive Strength Stock Performance

Shares of TRNR traded down $0.12 during trading hours on Friday, reaching $3.17. 242,070 shares of the company’s stock traded hands, compared to its average volume of 349,181. Interactive Strength has a twelve month low of $2.50 and a twelve month high of $4,760.00. The business’s fifty day simple moving average is $7.70 and its two-hundred day simple moving average is $105.22. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.39 and a quick ratio of 0.21. The firm has a market capitalization of $2.00 million, a price-to-earnings ratio of 0.00 and a beta of -0.77.

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.