Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) Trading Down 2.9% – Here’s What Happened

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) traded down 2.9% during trading on Thursday . The company traded as low as $7.29 and last traded at $7.29. 1,805 shares were traded during trading, a decline of 71% from the average session volume of 6,253 shares. The stock had previously closed at $7.51.

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

The company has a 50 day simple moving average of $9.22 and a two-hundred day simple moving average of $9.40.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were given a dividend of $0.5313 per share. This represents a $2.13 dividend on an annualized basis and a yield of 29.13%. The ex-dividend date was Wednesday, January 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.