Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) Short Interest Down 21.8% in October

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) was the recipient of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 4,300 shares, a decrease of 21.8% from the October 15th total of 5,500 shares. Based on an average daily trading volume, of 7,500 shares, the days-to-cover ratio is currently 0.6 days.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Trading Up 5.4 %

Shares of NASDAQ GREEL traded up $0.51 during midday trading on Friday, hitting $10.01. The company’s stock had a trading volume of 48,273 shares, compared to its average volume of 7,845. The business’s 50 day moving average is $9.05 and its two-hundred day moving average is $9.71. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a 12-month low of $6.87 and a 12-month high of $13.00.

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

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th were given a dividend of $0.5313 per share. The ex-dividend date was Tuesday, October 15th. This represents a $2.13 annualized dividend and a dividend yield of 21.23%.

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.