Short interest in Cipher Digital Inc (NASDAQ:CIFR) increased during the last reporting period, rising from 51.43M to 55.71M. This put 16.78% of the company's publicly available shares short.

Based on the recent average volume of 24.79M shares traded per day, it would take 2.25 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.