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

Rigetti Computing, Inc. (NASDAQ:RGTIW) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 11,000 shares, an increase of 66.7% from the June 30th total of 6,600 shares. Based on an average daily volume of 21,900 shares, the short-interest ratio is currently 0.5 days.

Rigetti Computing Price Performance

Shares of RGTIW remained flat at $0.14 during mid-day trading on Friday. The company’s stock had a trading volume of 1,258 shares, compared to its average volume of 23,213. The stock’s 50 day moving average price is $0.15 and its two-hundred day moving average price is $0.20. Rigetti Computing has a 52-week low of $0.08 and a 52-week high of $0.57.

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.