Short Interest in Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) Declines By 28.6%

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

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Stock Up 1.4 %

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 stock traded up $0.10 during midday trading on Tuesday, reaching $6.76. The stock had a trading volume of 10,775 shares, compared to its average volume of 6,321. The firm’s fifty day simple moving average is $9.10 and its 200-day simple moving average is $9.37. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a 1-year low of $6.41 and a 1-year 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 Friday, January 31st. Stockholders of record on Wednesday, January 15th were issued a $0.5313 dividend. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $2.13 dividend on an annualized basis and a dividend yield of 31.46%.

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.