Arqit Quantum (ARQQ) News Today

Arqit Quantum (NASDAQ:ARQQ) Shares Up 5.3% - Should You Buy?

Arqit Quantum (NASDAQ:ARQQ) Shares Gap Down - What's Next?

Arqit Quantum Inc. (NASDAQ:ARQQ - Get Free Report) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totalling 1,700,000 shares, a growth of 18.1% from the August 31st total of 1,440,000 shares. Currently, 1.9% of the company's shares are sold short. Based on an average daily trading volume, of 841,600 shares, the days-to-cover ratio is currently 2.0 days.

Arqit Quantum (NASDAQ:ARQQ) Sets New 52-Week Low at $5.17

Arqit Quantum Inc. (NASDAQ:ARQQ - Get Free Report) was the recipient of a large decrease in short interest during the month of July. As of July 31st, there was short interest totalling 1,640,000 shares, a decrease of 24.1% from the July 15th total of 2,160,000 shares. Based on an average trading volume of 1,100,000 shares, the days-to-cover ratio is presently 1.5 days. Currently, 2.1% of the company's stock are sold short.

Arqit Quantum Inc. (NASDAQ:ARQQ - Get Free Report) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 2,160,000 shares, a decrease of 29.9% from the June 30th total of 3,080,000 shares. Based on an average trading volume of 1,850,000 shares, the short-interest ratio is presently 1.2 days. Approximately 3.4% of the shares of the stock are short sold.

Arqit Quantum Inc. (NASDAQ:ARQQ - Get Free Report) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totalling 3,080,000 shares, a drop of 14.9% from the June 15th total of 3,620,000 shares. Currently, 4.9% of the company's shares are sold short. Based on an average trading volume of 1,700,000 shares, the days-to-cover ratio is currently 1.8 days.

HC Wainwright restated a "buy" rating and issued a $2.00 target price on shares of Arqit Quantum in a research report on Thursday.

Arqit Quantum (NASDAQ:ARQQ) Trading Up 2.2%

Arqit Quantum Inc. (NASDAQ:ARQQ - Free Report) - Investment analysts at HC Wainwright boosted their FY2024 earnings estimates for Arqit Quantum in a report issued on Wednesday, May 29th. HC Wainwright analyst S. Buck now expects that the company will post earnings of ($0.17) per share for the yea

Arqit Quantum Inc. (NASDAQ:ARQQ - Get Free Report) was the target of a large increase in short interest in May. As of May 15th, there was short interest totalling 4,300,000 shares, an increase of 26.1% from the April 30th total of 3,410,000 shares. Based on an average trading volume of 1,890,000 shares, the days-to-cover ratio is presently 2.3 days. Currently, 8.1% of the company's stock are short sold.

Arqit Quantum Inc. (NASDAQ:ARQQ - Free Report) - Analysts at HC Wainwright dropped their FY2024 earnings per share estimates for Arqit Quantum in a report issued on Wednesday, May 15th. HC Wainwright analyst S. Buck now forecasts that the company will post earnings of ($0.19) per share for the ye

Arqit Quantum Inc. (NASDAQ:ARQQ - Get Free Report) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totalling 3,410,000 shares, a drop of 9.1% from the April 15th total of 3,750,000 shares. Currently, 6.8% of the shares of the company are short sold. Based on an average daily volume of 1,780,000 shares, the short-interest ratio is currently 1.9 days.

HC Wainwright lowered their target price on Arqit Quantum from $3.00 to $2.00 and set a "buy" rating on the stock in a research note on Wednesday.

Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Arqit Quantum Inc. (NASDAQ:ARQQ - Free Report) by 150.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,636,216 shares of the company's stock a

Arqit Quantum Inc. (NASDAQ:ARQQ - Get Free Report) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 4,430,000 shares, an increase of 56.0% from the February 29th total of 2,840,000 shares. Approximately 9.1% of the company's shares are short sold. Based on an average daily volume of 911,000 shares, the short-interest ratio is currently 4.9 days.