Rigetti Computing, Inc. (RGTI) operates in the quantum computing sector, a high-growth but early-stage industry. Looking at Fintel's data, we can observe several interesting dynamics for RGTI.
Institutional ownership has seen some notable shifts. The average portfolio allocation to RGTI among institutions has increased by 0.01% in the last quarter, with 16 new institutional holders and 37 institutions increasing their positions, while 19 institutions closed their positions and 34 decreased their holdings. This indicates a mixed but slightly growing interest from institutional investors. The total shares held by institutions have increased from 36,013,104 to 37,236,929. The largest institutional holders include Vanguard Group Inc., BlackRock Inc., and Susquehanna International Group, LLP.
Short interest data also provides valuable context. As of September 15, 2025, the short interest for RGTI stood at 10,233,403 shares, representing 10.99% of the float. This indicates a significant portion of the stock is being bet against, which can sometimes lead to volatility. The days to cover ratio is 2.89 days, suggesting it would take nearly three trading days for short sellers to cover their positions based on average daily volume.
For further analysis, exploring the latest SEC filings, particularly the 10-Q for recent financial performance and the 13F filings for detailed institutional ownership changes, would be beneficial.
