Short Interest in Arqit Quantum Inc. (NASDAQ:ARQQW) Increases By 766.7%

Arqit Quantum Inc. (NASDAQ:ARQQW) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 2,600 shares, an increase of 766.7% from the March 31st total of 300 shares. Based on an average daily volume of 7,700 shares, the days-to-cover ratio is presently 0.3 days.

Arqit Quantum Price Performance

Shares of NASDAQ:ARQQW opened at $0.20 on Friday. Arqit Quantum has a 52-week low of $0.04 and a 52-week high of $0.50. The business’s 50 day moving average is $0.20 and its 200 day moving average is $0.14.

About Arqit Quantum

Arqit Quantum Inc provides cybersecurity services through satellite and terrestrial platforms in the United Kingdom. It offers QuantumCloud, a Platform as a Service that creates unbreakable software encryption keys. The company also provides maintenance and support, and professional services. Arqit Quantum Inc is based in London, the United Kingdom.