Rigetti Computing, Inc. (NASDAQ:RGTIW) Sees Large Growth in Short Interest

Rigetti Computing, Inc. (NASDAQ:RGTIW) saw a large growth in short interest in October. As of October 15th, there was short interest totalling 5,800 shares, a growth of 23.4% from the September 30th total of 4,700 shares. Based on an average daily trading volume, of 24,800 shares, the days-to-cover ratio is currently 0.2 days.

Rigetti Computing Price Performance

NASDAQ:RGTIW traded up $0.02 during mid-day trading on Wednesday, reaching $0.26. The company’s stock had a trading volume of 63,177 shares, compared to its average volume of 25,398. The firm’s fifty day moving average price is $0.13 and its two-hundred day moving average price is $0.15. Rigetti Computing has a 12-month low of $0.06 and a 12-month high of $0.39.

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.