Greenidge Generation Holdings Inc. (NASDAQ:GREE) Short Interest Up 62.8% in November

Greenidge Generation Holdings Inc. (NASDAQ:GREE) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 470,100 shares, an increase of 62.8% from the October 31st total of 288,800 shares. Approximately 5.6% of the company’s stock are sold short. Based on an average daily volume of 1,060,000 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Greenidge Generation

An institutional investor recently bought a new position in Greenidge Generation stock. XTX Topco Ltd bought a new stake in shares of Greenidge Generation Holdings Inc. (NASDAQ:GREE) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 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 quarter. 8.50% of the stock is owned by institutional investors.

Greenidge Generation Price Performance

Shares of NASDAQ GREE traded up $0.18 on Friday, reaching $2.41. 708,463 shares of the company’s stock traded hands, compared to its average volume of 2,992,394. The business’s 50 day simple moving average is $2.23 and its two-hundred day simple moving average is $2.41. Greenidge Generation has a 12 month low of $1.62 and a 12 month high of $9.26.

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.