Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) Short Interest Up 114.3% in December

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

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

NASDAQ:GREEL traded down $0.58 during mid-day trading on Thursday, hitting $9.42. 3,035 shares of the stock traded hands, compared to its average volume of 4,240. The business’s 50-day moving average price is $9.93 and its 200 day moving average price is $9.63. 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.

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

The company also recently declared 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 is Wednesday, January 15th. This represents a $2.13 dividend on an annualized basis and a dividend yield of 22.56%.

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.