Rigetti Computing, Inc. (NASDAQ:RGTIW) Short Interest Update

Rigetti Computing, Inc. (NASDAQ:RGTIW) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 456,300 shares, an increase of 1,565.3% from the November 30th total of 27,400 shares. Based on an average trading volume of 492,100 shares, the days-to-cover ratio is currently 0.9 days.

Rigetti Computing Price Performance

Shares of NASDAQ:RGTIW traded up $1.32 during midday trading on Thursday, hitting $5.97. The stock had a trading volume of 1,324,679 shares, compared to its average volume of 150,655. The business’s 50-day simple moving average is $1.14 and its 200-day simple moving average is $0.49. Rigetti Computing has a 12 month low of $0.06 and a 12 month high of $6.15.

Rigetti Computing Company Profile

Rigetti Computing, Inc, through its subsidiaries, builds quantum computers and the superconducting quantum processors. The company offers cloud in a form of quantum processing unit, such as 9-qubit chip and Ankaa-2 system under the Novera brand name; and sells access to its quantum computers through quantum computing as a service.