Greenidge Generation Holdings Inc. (NASDAQ:GREE) Short Interest Update

Greenidge Generation Holdings Inc. (NASDAQ:GREE) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 470,100 shares, an increase of 62.8% from the October 31st total of 288,800 shares. Currently, 5.6% of the company’s stock are short sold. Based on an average daily volume of 1,060,000 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

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

Greenidge Generation Price Performance

GREE opened at $2.23 on Friday. Greenidge Generation has a 12-month low of $1.62 and a 12-month high of $9.26. The business’s fifty day simple moving average is $2.21 and its 200-day simple moving average is $2.41.

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.