Greenidge Generation Holdings Inc. (NASDAQ:GREE) Sees Significant Increase in Short Interest

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

Greenidge Generation Stock Up 9.3 %

NASDAQ GREE opened at $2.23 on Friday. Greenidge Generation has a 52 week low of $1.62 and a 52 week high of $9.26. The company has a fifty day moving average of $2.21 and a two-hundred day moving average of $2.41.

Hedge Funds Weigh In On Greenidge Generation

An institutional investor recently bought a new position in Greenidge Generation stock. XTX Topco Ltd purchased a new position in Greenidge Generation Holdings Inc. (NASDAQ:GREE) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,222 shares of the company’s stock, valued at approximately $41,000. XTX Topco Ltd owned 0.16% of Greenidge Generation as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 8.50% of the company’s stock.

About Greenidge Generation

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.