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

Cipher Mining Inc. (NASDAQ:CIFRW) was the recipient of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 4,900 shares, a drop of 15.5% from the March 15th total of 5,800 shares. Based on an average daily trading volume, of 85,300 shares, the short-interest ratio is currently 0.1 days.

Cipher Mining Trading Up 51.3 %

Shares of CIFRW stock traded up $0.15 during trading hours on Tuesday, hitting $0.45. 134,246 shares of the company were exchanged, compared to its average volume of 76,908. Cipher Mining has a 1 year low of $0.16 and a 1 year high of $2.74. The firm has a fifty day moving average of $0.64 and a 200 day moving average of $1.32.

Cipher Mining Company Profile

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.