Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) Short Interest Up 114.3% in December

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,500 shares, an increase of 114.3% from the December 15th total of 700 shares. Based on an average daily volume of 6,500 shares, the short-interest ratio is currently 0.2 days.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Stock Down 5.8 %

Shares of NASDAQ GREEL traded down $0.58 during trading on Thursday, reaching $9.42. 3,035 shares of the stock traded hands, compared to its average volume of 4,240. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a 52-week low of $8.05 and a 52-week high of $13.00. The company has a 50-day moving average of $9.93 and a 200-day moving average of $9.63.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be given a $0.5313 dividend. This represents a $2.13 annualized dividend and a dividend yield of 22.56%. The ex-dividend date is Wednesday, January 15th.

About Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026

Greenidge Generation Holdings Inc operates as an integrated cryptocurrency datacenter and power generation company. The company owns and operates cryptocurrency datacenters in New York and South Carolina. It also owns and operates a 106 MW power generation facility. The company was founded in 1937 and is based in Fairfield, Connecticut.