Rigetti Computing, Inc. (NASDAQ:RGTIW – Get Free Report) was the target of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 6,325 shares, a decline of 73.0% from the September 15th total of 23,460 shares. Based on an average daily trading volume, of 54,740 shares, the days-to-cover ratio is currently 0.1 days.
Rigetti Computing Price Performance
NASDAQ RGTIW traded down $0.67 during trading hours on Monday, reaching $4.07. The company’s stock had a trading volume of 72,021 shares, compared to its average volume of 122,609. The company’s 50-day moving average is $6.69 and its two-hundred day moving average is $7.79. Rigetti Computing has a fifty-two week low of $4.00 and a fifty-two week high of $46.78.
Rigetti Computing Company Profile
Rigetti Computing, Inc is a quantum computing company that develops full-stack quantum computing systems based on superconducting qubit technology. Its work spans quantum processors, system architecture, control electronics, software and cloud-based access, with the goal of enabling quantum computing for commercial, government and research applications.
The company provides access to its quantum systems through Rigetti Quantum Cloud Services, which can support users seeking to develop and run quantum algorithms.
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