Rigetti Computing (RGTIW) Short Interest Ratio & Short Volume

Short interest is the volume of Rigetti Computing shares that have been sold short but have not yet been covered or closed out. As of May 15th, investors have sold 11,700 shares of RGTIW short. Learn More on Rigetti Computing's current short interest.

Rigetti Computing saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 11,700 shares, a decline of 19.3% from the previous total of 14,500 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the sector of "computer and technology" compare to Rigetti Computing: Deswell Industries, Inc. (0.02%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks.

Short selling RGTIW is an investing strategy that aims to generate trading profit from Rigetti Computing as its price is falling. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Rigetti Computing occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of RGTIW, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including RGTIW, twice per month. The most recent reporting period available is May, 15 2024.