Rigetti Computing, Inc. (NASDAQ:RGTIW) Stock Short Interest Report for October

Rigetti Computing, Inc. (NASDAQ:RGTIW) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 11,738 shares, an increase of 85.6% from the September 30th total of 6,325 shares. Based on an average daily volume of 135,481 shares, the short-interest ratio is presently 0.1 days.

Rigetti Computing Trading Down 16.1%

Shares of Rigetti Computing stock traded down $0.41 during trading on Monday, hitting $2.13. The stock had a trading volume of 45,737 shares, compared to its average volume of 121,977. Rigetti Computing has a 12 month low of $2.13 and a 12 month high of $33.31. The business’s 50-day moving average is $5.33 and its 200 day moving average is $7.55.

Rigetti Computing Company Profile

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.