Short Interest in Interactive Strength Inc. (NASDAQ:TRNR) Decreases By 65.7%

Interactive Strength Inc. (NASDAQ:TRNR) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 82,400 shares, a decline of 65.7% from the December 15th total of 240,100 shares. Based on an average daily volume of 1,290,000 shares, the short-interest ratio is presently 0.1 days. Currently, 9.1% of the shares of the company are sold short.

Interactive Strength Stock Performance

TRNR stock traded down $0.03 during midday trading on Tuesday, reaching $2.60. 11,806 shares of the company were exchanged, compared to its average volume of 95,013. The firm has a market capitalization of $1.63 million, a price-to-earnings ratio of 0.00 and a beta of -1.05. The business has a 50-day moving average price of $3.58 and a two-hundred day moving average price of $32.03. Interactive Strength has a one year low of $2.50 and a one year high of $4,760.00. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.39 and a quick ratio of 0.21.

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.