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

Greenidge Generation Holdings Inc. (NASDAQ:GREE) saw a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 288,800 shares, a drop of 35.5% from the October 15th total of 448,000 shares. Currently, 3.8% of the shares of the company are short sold. Based on an average daily trading volume, of 247,200 shares, the short-interest ratio is currently 1.2 days.

Greenidge Generation Trading Up 2.1 %

Shares of NASDAQ GREE traded up $0.05 during mid-day trading on Thursday, hitting $2.47. 1,763,205 shares of the stock traded hands, compared to its average volume of 277,661. The firm has a 50 day simple moving average of $2.12 and a two-hundred day simple moving average of $2.43. Greenidge Generation has a twelve month low of $1.62 and a twelve month high of $9.26.

Greenidge Generation (NASDAQ:GREE) last issued its earnings results on Wednesday, August 14th. The company reported ($0.55) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.18). The business had revenue of $13.06 million for the quarter, compared to analysts’ expectations of $16.10 million. As a group, sell-side analysts expect that Greenidge Generation will post -1.81 EPS for the current fiscal year.

Hedge Funds Weigh In On Greenidge Generation

A hedge fund recently bought a new stake in Greenidge Generation stock. XTX Topco Ltd purchased a new stake in shares of Greenidge Generation Holdings Inc. (NASDAQ:GREE) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,222 shares of the company’s stock, valued at approximately $41,000. XTX Topco Ltd owned about 0.16% of Greenidge Generation as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors 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.