Cipher Mining Inc. experienced a 31.4% rise in short interest to 18,000 shares in August.
Cipher Mining Inc. (NASDAQ:CIFRW) saw short interest rise by 31.4% in August, reaching 18,000 shares. The short interest ratio is 0.2 days, indicating notable short selling. The company, which operates large-scale bitcoin mining data centers, currently trades at $1.03. Analysts have given it a mix of ratings, with a consensus "Buy" and an average target price of $7.42. Cipher Mining has a market cap of $1.09 billion and reported a net margin of 13.54%.
September 01, 2024
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