Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) Short Interest Up 296.1% in March

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) was the recipient of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 5,244 shares, a growth of 296.1% from the February 26th total of 1,324 shares. Based on an average daily volume of 4,780 shares, the days-to-cover ratio is currently 1.1 days.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Stock Down 2.1%

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 stock opened at $20.60 on Friday. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a one year low of $6.33 and a one year high of $22.06. The business’s fifty day moving average is $20.24 and its 200 day moving average is $16.75.

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

The business also recently declared a quarterly dividend, which was paid on Saturday, January 31st. Stockholders of record on Thursday, January 15th were issued a dividend of $0.5313 per share. This represents a $2.13 dividend on an annualized basis and a dividend yield of 10.3%. The ex-dividend date of this dividend was Thursday, January 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.