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 significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 8,000 shares, a drop 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 Down 4.9 %

NASDAQ:GREEL traded down $0.36 during trading hours on Friday, reaching $6.95. 7,327 shares of the company traded hands, compared to its average volume of 6,279. The business’s 50-day moving average price is $9.16 and its two-hundred day moving average price is $9.39. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a 1 year low of $6.75 and a 1 year high of $13.00.

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

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were given a $0.5313 dividend. This represents a $2.13 annualized dividend and a dividend yield of 30.58%. The ex-dividend date was Wednesday, January 15th.

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.