(TRNR) - Analyzing Interactive Strength's Short Interest
Portfolio Pulse from Benzinga Insights
Interactive Strength (NYSE:TRNR) has seen a significant rise in its short interest, with a 189.61% increase since its last report. The company now has 480 thousand shares sold short, representing 2.23% of its float. This is lower than the peer group average of 3.47%.
June 18, 2024 | 5:30 pm
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Interactive Strength (NYSE:TRNR) has experienced a 189.61% increase in short interest, now at 2.23% of its float. This could indicate bearish sentiment but is still below the peer average of 3.47%.
The significant rise in short interest suggests increased bearish sentiment among traders. However, the short interest is still below the peer average, which may mitigate some of the negative impact.
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