Short Interest in Rigetti Computing, Inc. (NASDAQ:RGTIW) Grows By 54.8%

Rigetti Computing, Inc. (NASDAQ:RGTIW) was the recipient of a significant increase in short interest in November. As of November 30th, there was short interest totalling 27,400 shares, an increase of 54.8% from the November 15th total of 17,700 shares. Based on an average daily trading volume, of 218,500 shares, the days-to-cover ratio is currently 0.1 days.

Rigetti Computing Price Performance

Shares of RGTIW stock traded up $0.16 during trading hours on Friday, reaching $2.78. The stock had a trading volume of 1,027,220 shares, compared to its average volume of 98,429. The stock’s fifty day simple moving average is $0.63 and its 200 day simple moving average is $0.31. Rigetti Computing has a 12 month low of $0.06 and a 12 month high of $3.94.

About Rigetti Computing

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.