Cipher Mining Inc. (NASDAQ:CIFRW – Get Free Report) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 21,400 shares, a decrease of 53.7% from the September 30th total of 46,200 shares. Based on an average daily trading volume, of 303,500 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 303,500 shares, the short-interest ratio is presently 0.1 days.
Cipher Mining Stock Down 3.5%
Shares of NASDAQ:CIFRW opened at $9.79 on Thursday. Cipher Mining has a twelve month low of $0.16 and a twelve month high of $11.93. The company has a 50 day moving average of $5.52 and a 200-day moving average of $2.41.
Cipher Mining (NASDAQ:CIFRW – Get Free Report) last released its earnings results on Monday, November 14th. The company reported ($0.01) earnings per share for the quarter. The business had revenue of ($0.14) million during the quarter.
About Cipher Mining
Cipher Mining Inc, together with its subsidiaries, engages in the development and operation of industrial scale bitcoin mining data centers in the United States. The company was incorporated in 2020 and is based in New York, New York. Cipher Mining Inc operates as a subsidiary of Bitfury Holding B.V.
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