Greenidge Generation Holdings Inc. (NASDAQ:GREE) Short Interest Up 174.4% in November

Greenidge Generation Holdings Inc. (NASDAQ:GREE) was the recipient of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 1,290,000 shares, a growth of 174.4% from the November 15th total of 470,100 shares. Approximately 15.5% of the shares of the stock are sold short. Based on an average daily volume of 1,120,000 shares, the days-to-cover ratio is currently 1.2 days.

Greenidge Generation Stock Performance

NASDAQ:GREE traded down $0.01 during mid-day trading on Friday, reaching $2.14. The stock had a trading volume of 216,608 shares, compared to its average volume of 493,380. The firm has a 50 day moving average price of $2.31 and a two-hundred day moving average price of $2.39. Greenidge Generation has a one year low of $1.62 and a one year high of $9.26.

Institutional Investors Weigh In On Greenidge Generation

A hedge fund recently bought a new stake in Greenidge Generation stock. XTX Topco Ltd purchased a new position in shares of Greenidge Generation Holdings Inc. (NASDAQ:GREE) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 15,222 shares of the company’s stock, valued at approximately $41,000. XTX Topco Ltd owned about 0.16% of Greenidge Generation at the end of the most recent reporting period. 8.50% of the stock is currently owned by institutional investors and hedge funds.

Greenidge Generation Company Profile

Greenidge Generation Holdings Inc operates as an integrated cryptocurrency datacenter and power generation company. The company owns and operates cryptocurrency datacenter in New York, as well as hosts, powers, and provides technical support and other related services to bitcoin mining equipment owned by customers.