Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) Short Interest Up 230.8% in January

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) was the target of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 8,600 shares, a growth of 230.8% from the January 15th total of 2,600 shares. Based on an average daily volume of 5,600 shares, the short-interest ratio is currently 1.5 days.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Stock Up 0.4 %

Shares of NASDAQ GREEL traded up $0.04 during trading on Wednesday, reaching $9.90. 1,032 shares of the stock traded hands, compared to its average volume of 4,505. The company has a 50-day moving average of $9.83 and a 200-day moving average of $9.53. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a 52-week low of $8.05 and a 52-week high of $13.00.

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

The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th were paid a dividend of $0.5313 per share. This represents a $2.13 annualized dividend and a yield of 21.48%. The ex-dividend date 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.