Short Interest in Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) Decreases By 75.4%

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 967 shares, a decrease of 75.4% from the July 15th total of 3,934 shares. Based on an average daily volume of 6,812 shares, the short-interest ratio is currently 0.1 days.

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

Shares of NASDAQ GREEL traded down $0.05 during trading hours on Friday, hitting $24.75. The company’s stock had a trading volume of 9,582 shares, compared to its average volume of 4,201. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a 12 month low of $7.81 and a 12 month high of $24.90. The business has a 50-day simple moving average of $23.38 and a 200-day simple moving average of $21.42.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th were issued a $0.5313 dividend. The ex-dividend date was Wednesday, July 15th. This represents a $2.12 annualized dividend and a yield of 8.6%.

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.