Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) Shares Up 4.4% – Here’s What Happened

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL)’s stock price rose 4.4% on Monday . The company traded as high as $17.85 and last traded at $17.75. Approximately 4,423 shares were traded during mid-day trading, a decline of 30% from the average daily volume of 6,313 shares. The stock had previously closed at $17.00.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Price Performance

The stock has a 50 day moving average of $11.91 and a two-hundred day moving average of $9.42.

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

The company also recently announced a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Wednesday, October 15th were given a $0.5313 dividend. This represents a $2.13 annualized dividend and a dividend yield of 12.0%. The ex-dividend date of this dividend was Wednesday, October 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.