(RGTI) - Analyzing Rigetti Computing's Short Interest
Portfolio Pulse from Benzinga Insights
Rigetti Computing (NYSE:RGTI) has seen a 7.84% increase in its short percent of float, now at 14.03%. This indicates a bearish sentiment among investors, as it would take 5.33 days to cover these short positions. Compared to its peers, Rigetti has a higher short interest.
June 24, 2024 | 4:45 pm
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Rigetti Computing's short interest has increased by 7.84%, now at 14.03% of its float. This suggests a bearish sentiment among investors, as it would take 5.33 days to cover these short positions. Compared to its peers, Rigetti has a higher short interest.
The increase in short interest indicates that more investors are betting against Rigetti Computing, which is generally a bearish signal. The high percentage of short interest compared to its peers further emphasizes this negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100