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Understanding the Risks of Investing in Greenidge Generation Holdings Inc (GREE)

Greenidge Generation Holdings Inc’s recent filing unveils that its Director Krug Christopher J. acquired Company’s shares for reported $58156.0 on Apr 23 ’25. In the deal valued at $0.83 per share,70,000 shares were bought. As a result of this transaction, Krug Christopher J. now holds 221,607 shares worth roughly $0.3 million.

Then, Krug Christopher J. bought 55,000 shares, generating $45,760 in total proceeds. Upon buying the shares at $0.83, the Director now owns 276,607 shares.

Before that, Mulvihill Christian sold 618 shares. Greenidge Generation Holdings Inc shares valued at $402 were divested by the Chief Financial Officer at a price of $0.65 per share. As a result of the transaction, Mulvihill Christian now holds 84,671 shares, worth roughly $0.11 million.

Stifel initiated its Greenidge Generation Holdings Inc [GREE] rating to a Hold in a research note published on March 25, 2022; the price target was $10. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who began to cover the stock in late September with a ‘”a Buy”‘ rating.

Price Performance Review of GREE

On Friday, Greenidge Generation Holdings Inc [NASDAQ:GREE] saw its stock jump 56.29% to $1.34. Over the last five days, the stock has gained 103.15%. Greenidge Generation Holdings Inc shares have fallen nearly -13.55% since the year began. Nevertheless, the stocks have fallen -54.58% over the past one year. While a 52-week high of $3.84 was reached on 01/17/25, a 52-week low of $0.58 was recorded on 04/09/25. SMA at 50 days reached $0.8389, while 200 days put it at $1.7677.

Levels Of Support And Resistance For GREE Stock

The 24-hour chart illustrates a support level at 1.0333, which if violated will result in even more drops to 0.7267. On the upside, there is a resistance level at 1.5033. A further resistance level may holdings at 1.6667. The Relative Strength Index (RSI) on the 14-day chart is 79.03, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.2838, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 2.56%. Stochastics %K at 89.54% indicates the stock is a selling.

How much short interest is there in Greenidge Generation Holdings Inc?

A steep rise in short interest was recorded in Greenidge Generation Holdings Inc stocks on 2025-04-15, dropping by 55956.0 shares to a total of 0.52 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 0.57 million shares. There was a decline of -10.85%, which implies that there is a negative sentiment for the stock.

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