Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) Sees Significant Increase in Short Interest

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

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Stock Up 3.8 %

Shares of NASDAQ:GREEL traded up $0.36 during midday trading on Wednesday, hitting $9.86. The company had a trading volume of 10,538 shares, compared to its average volume of 4,773. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a 12 month low of $8.05 and a 12 month high of $13.00. The firm has a fifty day simple moving average of $9.95 and a 200 day simple moving average of $9.55.

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

The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be given a dividend of $0.5313 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $2.13 annualized dividend and a dividend yield of 21.54%.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Company Profile

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.