Interactive Strength Inc. (NASDAQ:TRNR) Short Interest Update

by · The Markets Daily

Interactive Strength Inc. (NASDAQ:TRNR – Get Free Report) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 67,100 shares, a growth of 52.5% from the September 15th total of 44,000 shares. Based on an average daily volume of 4,220,000 shares, the short-interest ratio is presently 0.0 days. Approximately 1.6% of the company’s shares are short sold.

Interactive Strength Price Performance

TRNR stock remained flat at $0.14 during mid-day trading on Monday. 1,958,189 shares of the company’s stock were exchanged, compared to its average volume of 1,884,554. The stock has a market cap of $554,182.00, a P/E ratio of 0.00 and a beta of -0.52. The business has a 50 day moving average of $0.36 and a 200 day moving average of $3.40. Interactive Strength has a twelve month low of $0.13 and a twelve month high of $54.00.

Interactive Strength (NASDAQ:TRNR – Get Free Report) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($17.48) earnings per share for the quarter. The firm had revenue of $0.62 million for the quarter. Equities analysts anticipate that Interactive Strength will post -16.16 EPS for the current fiscal year.

About Interactive Strength

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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.

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