With 0.0% Distance From Low, Is Interactive Strength Inc (NASDAQ:TRNR) Poised For More Gains?

In last trading session, Interactive Strength Inc (NASDAQ:TRNR) saw 2.84 million shares changing hands with its beta currently measuring -0.56. Company’s recent per share price level of $0.12 trading at $0.0 or 0.00% at ring of the bell on the day assigns it a market valuation of $0.55M. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.67 million shares which gives us an average trading volume of 4.67 million if we extend that period to 3-months.

Interactive Strength Inc (NASDAQ:TRNR) trade information

Interactive Strength Inc’s shares saw a change of -99.64% in year-to-date performance and have moved -8.21% in past 5-day. Interactive Strength Inc (NASDAQ:TRNR) showed a performance of -56.07% in past 30-days. Number of shares sold short was 67071.0 shares which calculate 0.01 days to cover the short interests.

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Interactive Strength Inc (TRNR) estimates and forecasts

Statistics highlight that Interactive Strength Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -98.36% of value to its shares in past 6 months, showing an annual growth rate of 91.08% while that of industry is 8.70. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

Interactive Strength Inc (NASDAQ:TRNR)’s Major holders

Insiders are in possession of 0.73% of company’s total shares while institution are holding 0.76 percent of that, with stock having share float percentage of 0.77%. Investors also watch the number of corporate investors in a company very closely, which is 0.76% institutions for Interactive Strength Inc that are currently holding shares of the company.

On the other hand, Fidelity Extended Market Index Fund and Fidelity NASDAQ Composite Index Fund are the top two Mutual Funds which own company’s shares. As of Aug 31, 2024 , the former fund manager was holding 1.62 shares of worth $198.0 or 0.04% of the total outstanding shares. The later fund manager was in possession of 112.0 shares on Aug 31, 2024 , making its stake of worth around $13.0 in the company or a holder of 0.00% of company’s stock.