Greenidge Generation Holdings Inc. (NASDAQ:GREE) CEO Sells $23,116.00 in Stock

Greenidge Generation Holdings Inc. (NASDAQ:GREE) CEO Jordan Kovler sold 28,895 shares of the company’s stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $0.80, for a total value of $23,116.00. Following the completion of the sale, the chief executive officer now directly owns 123,308 shares in the company, valued at approximately $98,646.40. The trade was a 18.98 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Greenidge Generation Price Performance

NASDAQ GREE opened at $0.82 on Monday. Greenidge Generation Holdings Inc. has a fifty-two week low of $0.73 and a fifty-two week high of $3.84. The business has a fifty day moving average of $1.11 and a 200-day moving average of $1.74.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Greenidge Generation stock. Soviero Asset Management LP purchased a new position in shares of Greenidge Generation Holdings Inc. (NASDAQ:GREE) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 251,147 shares of the company’s stock, valued at approximately $389,000. Soviero Asset Management LP owned approximately 2.25% of Greenidge Generation at the end of the most recent reporting period. Institutional investors own 8.50% of the company’s stock.

About Greenidge Generation

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.