What's Driving the Market Sentiment Around Rigetti Computing Inc?
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Rigetti Computing Inc (NYSE:RGTI) has seen a 9.39% increase in short interest, with 45.14 million shares sold short, representing 13.74% of available shares. This rise in short interest indicates a more bearish market sentiment among investors. It would take approximately 1.44 days for traders to cover their short positions. Compared to its peers, Rigetti's short interest is higher than the average of 9.26%. This data suggests that while the stock's near-term performance is uncertain, the growing short interest warrants attention from traders.
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