Short Interest in Core Scientific, Inc. (NASDAQ:CORZZ) Drops By 69.4%

Core Scientific, Inc. (NASDAQ:CORZZ) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 44,400 shares, a drop of 69.4% from the September 30th total of 145,200 shares. Based on an average daily volume of 178,400 shares, the days-to-cover ratio is currently 0.2 days.

Core Scientific Trading Down 2.2 %

Shares of CORZZ stock traded down $0.30 on Friday, reaching $13.34. The company’s stock had a trading volume of 93,923 shares, compared to its average volume of 389,723. The stock’s fifty day simple moving average is $11.54 and its 200-day simple moving average is $8.05. Core Scientific has a 1 year low of $1.15 and a 1 year high of $14.01.

About Core Scientific

Core Scientific, Inc provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment.