Rigetti Computing, Inc. (NASDAQ:RGTIW – Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 11,738 shares, a growth of 85.6% from the September 30th total of 6,325 shares. Based on an average daily volume of 135,481 shares, the days-to-cover ratio is currently 0.1 days.
Rigetti Computing Stock Performance
NASDAQ:RGTIW opened at $2.13 on Tuesday. The business has a 50 day simple moving average of $5.21 and a 200 day simple moving average of $7.49. Rigetti Computing has a 12-month low of $2.13 and a 12-month high of $33.31.
About Rigetti Computing
Rigetti Computing, Inc is a quantum computing company that develops full-stack quantum computing systems based on superconducting quantum processors. Its technology is designed to support complex computational tasks that may be difficult or impractical for conventional computers, including applications in optimization, simulation, machine learning and scientific research.
The company develops quantum processors, control systems and software tools, and provides access to its quantum computers through cloud-based platforms.
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