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

Rigetti Computing, Inc. (NASDAQ:RGTIW) was the recipient of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 61,700 shares, a drop of 31.2% from the February 28th total of 89,700 shares. Based on an average trading volume of 927,000 shares, the days-to-cover ratio is currently 0.1 days.

Rigetti Computing Stock Performance

Rigetti Computing stock traded down $0.05 during mid-day trading on Tuesday, hitting $2.71. The company’s stock had a trading volume of 53,189 shares, compared to its average volume of 346,672. The company has a 50 day moving average of $3.98 and a 200-day moving average of $2.57. Rigetti Computing has a one year low of $0.06 and a one year high of $9.79.

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.