Cipher Mining Inc. (NASDAQ:CIFRW) Short Interest Update

Cipher Mining Inc. (NASDAQ:CIFRW) was the target of a large decrease in short interest in October. As of October 31st, there was short interest totalling 8,600 shares, a decrease of 56.6% from the October 15th total of 19,800 shares. Based on an average daily volume of 64,500 shares, the days-to-cover ratio is presently 0.1 days.

Cipher Mining Trading Down 12.5 %

NASDAQ CIFRW traded down $0.33 on Wednesday, reaching $2.30. 69,045 shares of the company’s stock traded hands, compared to its average volume of 117,521. Cipher Mining has a fifty-two week low of $0.32 and a fifty-two week high of $2.74. The stock has a 50 day moving average price of $1.29 and a 200-day moving average price of $1.28.

Cipher Mining Company Profile

Cipher Mining Inc, together with its subsidiaries, engages in the development and operation of industrial scale bitcoin mining data centers in the United States. The company was incorporated in 2020 and is based in New York, New York. Cipher Mining Inc operates as a subsidiary of Bitfury Holding B.V.