Arqit Quantum Inc. (NASDAQ:ARQQW) Short Interest Down 71.4% in June

Arqit Quantum Inc. (NASDAQ:ARQQW) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 200 shares, a drop of 71.4% from the May 31st total of 700 shares. Based on an average trading volume of 6,300 shares, the short-interest ratio is presently 0.0 days.

Arqit Quantum Stock Performance

NASDAQ ARQQW remained flat at $0.12 during mid-day trading on Friday. 10 shares of the company traded hands, compared to its average volume of 8,250. The firm’s fifty day moving average price is $0.14 and its 200 day moving average price is $0.15. Arqit Quantum has a twelve month low of $0.04 and a twelve month high of $0.47.

About Arqit Quantum

Arqit Quantum Inc provides cybersecurity services through satellite and terrestrial platforms in the United Kingdom. It offers QuantumCloud, a Platform as a Service that creates unbreakable software encryption keys. The company also provides maintenance and support, and professional services. Arqit Quantum Inc is based in London, the United Kingdom.