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) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 1,500 shares, an increase of 114.3% from the December 15th total of 700 shares. Based on an average trading volume of 6,500 shares, the short-interest ratio is presently 0.2 days.

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

Shares of NASDAQ GREEL traded up $0.01 during midday trading on Tuesday, reaching $10.13. 4,734 shares of the stock were exchanged, compared to its average volume of 4,592. The firm has a 50-day simple moving average of $9.91 and a two-hundred day simple moving average of $9.63. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a twelve month low of $8.05 and a twelve month high of $13.00.

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

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be issued a $0.5313 dividend. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $2.13 dividend on an annualized basis and a yield of 20.98%.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Company Profile

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.