Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) Short Interest Up 225.5% in June

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 7,217 shares, a growth of 225.5% from the May 31st total of 2,217 shares. Based on an average daily volume of 3,107 shares, the short-interest ratio is currently 2.3 days.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Stock Up 0.1%

NASDAQ:GREEL opened at $21.77 on Tuesday. The firm’s fifty day moving average is $20.86 and its two-hundred day moving average is $20.21. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a one year low of $7.50 and a one year high of $22.95.

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

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Wednesday, April 15th were issued a $0.5313 dividend. This represents a $2.12 annualized dividend and a dividend yield of 9.8%. The ex-dividend date of this dividend was Wednesday, April 15th.

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.