Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) Short Interest Down 28.6% in March

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 8,000 shares, a decline of 28.6% from the February 28th total of 11,200 shares. Based on an average daily volume of 5,000 shares, the days-to-cover ratio is presently 1.6 days.

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

NASDAQ:GREEL traded down $0.30 during trading hours on Monday, reaching $6.66. The stock had a trading volume of 12,009 shares, compared to its average volume of 6,303. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a 52 week low of $6.39 and a 52 week high of $13.00. The company has a 50 day moving average price of $9.16 and a two-hundred day moving average price of $9.39.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were paid a dividend of $0.5313 per share. This represents a $2.13 dividend on an annualized basis and a yield of 31.91%. The ex-dividend date of this dividend was Wednesday, January 15th.

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.