Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) Short Interest Down 10.3% in November

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) saw a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 2,600 shares, a drop of 10.3% from the November 15th total of 2,900 shares. Based on an average daily trading volume, of 7,900 shares, the days-to-cover ratio is currently 0.3 days.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Stock Up 2.5 %

GREEL stock traded up $0.26 during trading on Tuesday, reaching $10.76. 4,862 shares of the stock were exchanged, compared to its average volume of 7,681. The firm’s 50 day moving average is $9.71 and its 200 day moving average is $9.88. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a twelve month low of $8.30 and a twelve month high of $13.00.

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

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th were given a $0.5313 dividend. The ex-dividend date of this dividend was Tuesday, October 15th. This represents a $2.13 annualized dividend and a yield of 19.75%.

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.