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 target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 15,367 shares, an increase of 409.2% from the August 31st total of 3,018 shares. Based on an average daily trading volume, of 10,178 shares, the short-interest ratio is presently 1.5 days.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Trading Down 0.2%

NASDAQ:GREEL opened at $25.26 on Friday. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a 1 year low of $9.18 and a 1 year high of $25.30. The firm’s fifty day simple moving average is $24.80 and its 200 day simple moving average is $22.42.

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, July 31st. Shareholders of record on Wednesday, July 15th were issued a dividend of $0.5312 per share. This represents a $2.12 dividend on an annualized basis and a yield of 8.4%. The ex-dividend date was Wednesday, July 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.