Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) Short Interest Update

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) was the recipient of a large decline in short interest in February. As of February 13th, there was short interest totaling 1,933 shares, a decline of 41.1% from the January 29th total of 3,280 shares. Based on an average daily trading volume, of 3,673 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 3,673 shares, the short-interest ratio is currently 0.5 days.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Trading Down 0.1%

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 stock traded down $0.02 during midday trading on Friday, hitting $20.05. The stock had a trading volume of 615 shares, compared to its average volume of 4,384. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a 52-week low of $6.33 and a 52-week high of $22.06. The firm’s fifty day moving average is $19.77 and its two-hundred day moving average is $15.24.

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

The company also recently announced a quarterly dividend, which was paid on Saturday, January 31st. Investors of record on Thursday, January 15th were paid a dividend of $0.5313 per share. The ex-dividend date was Thursday, January 15th. This represents a $2.13 dividend on an annualized basis and a dividend yield of 10.6%.

About Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026

Greenidge Generation Holdings Inc is a vertically integrated energy and digital asset company that combines natural gas–fired power generation with in-house bitcoin mining operations. The company owns and operates a baseload power plant in Dresden, New York, where it supplies electricity to the NYISO wholesale market and dedicates excess capacity to support its bitcoin mining facilities. By leveraging on-site generation, Greenidge aims to optimize costs, improve operational efficiency and reduce exposure to external power price volatility.

Originally established through the acquisition and repurposing of a former coal-fired plant, Greenidge has transitioned to a cleaner, natural gas–fueled operation since 2017.