Cipher Mining Inc. (NASDAQ:CIFRW) Short Interest Update

Cipher Mining Inc. (NASDAQ:CIFRW) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 2,600 shares, a decrease of 81.7% from the February 13th total of 14,200 shares. Based on an average trading volume of 72,700 shares, the days-to-cover ratio is presently 0.0 days.

Cipher Mining Stock Up 16.5 %

NASDAQ:CIFRW opened at $0.61 on Thursday. The business’s 50-day moving average price is $1.30 and its two-hundred day moving average price is $1.44. Cipher Mining has a twelve month low of $0.45 and a twelve month high of $2.74.

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.