Greenwave Technology Solutions, Inc. Common Stock
Market Cap
2.2M
Short interest (Jul 15)
2.5%
Net Short (Jul 27 ): -0.1%
Borrow Fee
10.03%
↓ 8.7%
Available Shares
40K
↓ 20.7%
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Company Overview
Greenwave Technology Solutions Inc through its subsidiary, is an operator of several metal recycling facilities in Virginia, Ohio, & North Carolina. At these facilities, the company collects, classifies, & processes appliances, construction materials, end-of-life vehicles, boats, & industrial machinery. The company processes these items by crushing, shearing, shredding, separating, & sorting into smaller pieces & categorizes these recycled ferrous, nonferrous, & mixed metal pieces based on density & metal type before sale. For scrap cars, it removes the catalytic converters, aluminum wheels, & batteries for separate processing & sale before shredding the vehicle. The company is organized into three operating segments: Scrap Metal Recycling, Hauling, & Other (comprised of rental income).
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