Core Scientific, Inc. (NASDAQ:CORZZ) Sees Significant Decline in Short Interest

Core Scientific, Inc. (NASDAQ:CORZZ) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totalling 46,500 shares, a decline of 70.0% from the July 15th total of 155,200 shares. Based on an average trading volume of 737,900 shares, the short-interest ratio is presently 0.1 days.

Core Scientific Stock Down 3.0 %

Shares of CORZZ stock traded down $0.29 on Monday, hitting $9.45. The company had a trading volume of 53,340 shares, compared to its average volume of 471,431. Core Scientific has a twelve month low of $1.15 and a twelve month high of $12.23. The company’s 50-day simple moving average is $8.95.

About Core Scientific

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.