Greenidge Generation Holdings Stock Number Of Shares Shorted
| GREEL Stock | USD 10.23 0.45 4.21% |
Greenidge Generation Holdings fundamentals help investors to digest information that contributes to Greenidge Generation's financial success or failures. It also enables traders to predict the movement of Greenidge Stock. The fundamental analysis module provides a way to measure Greenidge Generation's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Greenidge Generation stock.
Greenidge | Number Of Shares Shorted |
Greenidge Generation Holdings Company Number Of Shares Shorted Analysis
Greenidge Generation's Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
More About Number Of Shares Shorted | All Equity Analysis
Shares Shorted | = | Shorted by Public | + | by Institutions |
Current Greenidge Generation Number Of Shares Shorted | 4.26 K |
Most of Greenidge Generation's fundamental indicators, such as Number Of Shares Shorted, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Greenidge Generation Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
| Competition |
Based on the recorded statements, Greenidge Generation Holdings has 4.26 K of outstending shares currently sold short by investors. This is much higher than that of the Software sector and significantly higher than that of the Information Technology industry. The number of shares shorted for all United States stocks is notably lower than that of the firm.
Greenidge Generation Current Valuation Drivers
We derive many important indicators used in calculating different scores of Greenidge Generation from analyzing Greenidge Generation's financial statements. These drivers represent accounts that assess Greenidge Generation's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Greenidge Generation's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 448.5M | 455.9M | 202.0M | 354.3M | 407.5M | 458.4M | |
| Enterprise Value | 430.4M | 430.7M | 203.0M | 357.5M | 411.1M | 443.1M |
Greenidge Generation ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Greenidge Generation's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Greenidge Generation's managers, analysts, and investors.Environmental | Governance | Social |
About Greenidge Generation Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Greenidge Generation Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Greenidge Generation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Greenidge Generation Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Greenidge Generation. If investors know Greenidge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Greenidge Generation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Greenidge Generation is measured differently than its book value, which is the value of Greenidge that is recorded on the company's balance sheet. Investors also form their own opinion of Greenidge Generation's value that differs from its market value or its book value, called intrinsic value, which is Greenidge Generation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Greenidge Generation's market value can be influenced by many factors that don't directly affect Greenidge Generation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Greenidge Generation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenidge Generation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenidge Generation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.