ADVANCED DRAINAGE SYSTEMS, INC.
Market Cap
10B
Short interest (May 15)
3.8%
Net Short (Jun 03 ): 0.0%
Borrow Fee
0.25%
↓ 2.5%
Available Shares
700K
↓ 23.6%
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Company Overview
Advanced Drainage Systems Inc designs, manufactures and markets water management solutions in the stormwater and onsite wastewater industries, providing superior drainage solutions for use in the construction and agriculture markets. The company's products are used across a broad range of end markets and applications, including non-residential, residential, infrastructure and agriculture applications. It has two reportable segments: Stormwater and Wastewater. It derives the majority of revenue from the Stormwater segment, which manufactures and markets thermoplastic corrugated pipe and complementary products, including single wall pipe, N-12 HDPE pipe, polypropylene pipe, StormTech, Nyloplast, Inserta Tee, water quality filters and structures, and NDS channel drains, and access boxes.
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