Rigetti Computing, Inc. (NASDAQ:RGTIW) Short Interest Up 56.0% in February

Rigetti Computing, Inc. (NASDAQ:RGTIW) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 89,700 shares, a growth of 56.0% from the February 13th total of 57,500 shares. Based on an average trading volume of 1,120,000 shares, the days-to-cover ratio is currently 0.1 days.

Rigetti Computing Price Performance

RGTIW traded up $1.03 during trading on Friday, reaching $4.20. 619,195 shares of the company were exchanged, compared to its average volume of 338,120. The firm has a 50 day moving average of $4.27 and a 200 day moving average of $2.30. Rigetti Computing has a 52 week low of $0.06 and a 52 week 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.