Greenidge Generation (NASDAQ:GREE) Shares Up 6.5% – Time to Buy?

Greenidge Generation Holdings Inc. (NASDAQ:GREE) shares were up 6.5% during trading on Thursday . The company traded as high as $1.71 and last traded at $1.65. Approximately 380,981 shares were traded during mid-day trading, a decline of 22% from the average daily volume of 489,404 shares. The stock had previously closed at $1.55.

Greenidge Generation Stock Up 6.5 %

The company has a 50 day moving average price of $2.20 and a 200-day moving average price of $2.28.

Institutional Trading of Greenidge Generation

A hedge fund recently bought a new stake in Greenidge Generation stock. XTX Topco Ltd purchased a new position in shares of Greenidge Generation Holdings Inc. (NASDAQ:GREE) in the second quarter, according to its most recent filing with the SEC. The firm purchased 15,222 shares of the company’s stock, valued at approximately $41,000. XTX Topco Ltd owned 0.16% of Greenidge Generation at the end of the most recent quarter. Institutional investors and hedge funds own 8.50% of the company’s stock.

Greenidge Generation Company Profile

Greenidge Generation Holdings Inc operates as an integrated cryptocurrency datacenter and power generation company. The company owns and operates cryptocurrency datacenter in New York, as well as hosts, powers, and provides technical support and other related services to bitcoin mining equipment owned by customers.