Rigetti Computing, Inc. (NASDAQ:RGTIW) Short Interest Down 31.2% in March

Rigetti Computing, Inc. (NASDAQ:RGTIW) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 61,700 shares, a decline of 31.2% from the February 28th total of 89,700 shares. Based on an average daily trading volume, of 927,000 shares, the short-interest ratio is presently 0.1 days.

Rigetti Computing Stock Performance

Shares of RGTIW traded down $0.09 during mid-day trading on Monday, hitting $2.75. 98,815 shares of the company traded hands, compared to its average volume of 769,980. The business has a 50 day moving average of $4.01 and a 200 day moving average of $2.55. Rigetti Computing has a 1-year low of $0.06 and a 1-year high of $9.79.

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.