Short Interest in Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) Expands By 90.0%

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 1,900 shares, a growth of 90.0% from the August 15th total of 1,000 shares. Based on an average daily volume of 6,800 shares, the days-to-cover ratio is presently 0.3 days.

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

GREEL traded down $0.14 during trading on Friday, reaching $8.95. 5,143 shares of the company were exchanged, compared to its average volume of 7,713. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a 52 week low of $5.36 and a 52 week high of $13.00. The firm has a 50 day moving average of $9.74 and a 200 day moving average of $9.97.

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

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Monday, July 15th were given a dividend of $0.5313 per share. The ex-dividend date was Monday, July 15th. This represents a $2.13 annualized dividend and a dividend yield of 23.74%.

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.