Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) Short Interest Update

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) saw a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 8,000 shares, a decline of 28.6% from the February 28th total of 11,200 shares. Based on an average daily trading volume, of 5,000 shares, the days-to-cover ratio is presently 1.6 days.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Price Performance

Shares of Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 stock traded down $0.36 during trading on Friday, reaching $6.95. The company’s stock had a trading volume of 7,327 shares, compared to its average volume of 6,279. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a 52-week low of $6.75 and a 52-week high of $13.00. The firm’s 50-day moving average is $9.16 and its two-hundred day moving average is $9.39.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were paid a dividend of $0.5313 per share. The ex-dividend date was Wednesday, January 15th. This represents a $2.13 dividend on an annualized basis and a dividend yield of 30.58%.

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.