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

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) shares traded down 2.9% on Thursday . The stock traded as low as $7.29 and last traded at $7.29. 1,805 shares changed hands during mid-day 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 Price Performance

The business’s 50 day moving average price is $9.16 and its 200-day moving average price is $9.38.

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

The company also recently declared 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 annualized dividend and a dividend yield of 30.58%. The ex-dividend date was Wednesday, January 15th.

About Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026

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.