Short Interest in Core Scientific, Inc. (NASDAQ:CORZZ) Declines By 69.4%

Core Scientific, Inc. (NASDAQ:CORZZGet Free Report) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 44,400 shares, a drop of 69.4% from the September 30th total of 145,200 shares. Based on an average trading volume of 178,400 shares, the short-interest ratio is currently 0.2 days.

Core Scientific Stock Performance

Shares of CORZZ stock traded down $0.30 during mid-day trading on Friday, reaching $13.34. 93,923 shares of the company’s stock traded hands, compared to its average volume of 389,723. The company’s 50-day moving average price is $11.54 and its 200-day moving average price is $8.05. Core Scientific has a 12 month low of $1.15 and a 12 month high of $14.01.

About Core Scientific

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Core Scientific, Inc provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment.

Further Reading

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