Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) Short Interest Update

Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) was the target of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 678,800 shares, a growth of 617.5% from the October 15th total of 94,600 shares. Based on an average trading volume of 1,440,000 shares, the short-interest ratio is currently 0.5 days. Currently, 3.5% of the company’s shares are sold short.

Greenwave Technology Solutions Trading Down 4.8 %

GWAV stock traded down $0.02 during trading on Tuesday, hitting $0.40. The company had a trading volume of 1,176,271 shares, compared to its average volume of 1,154,492. Greenwave Technology Solutions has a one year low of $0.37 and a one year high of $154.50. The company has a current ratio of 2.10, a quick ratio of 2.01 and a debt-to-equity ratio of 0.09. The business has a 50-day moving average of $0.41 and a 200-day moving average of $2.82. The stock has a market cap of $8.00 million, a PE ratio of 0.00 and a beta of 1.71.

Greenwave Technology Solutions (NASDAQ:GWAV) last issued its earnings results on Friday, August 16th. The company reported ($11.84) earnings per share for the quarter. The firm had revenue of $7.88 million for the quarter. Greenwave Technology Solutions had a negative return on equity of 274.83% and a negative net margin of 63.65%.

Greenwave Technology Solutions Company Profile

Greenwave Technology Solutions, Inc, through its subsidiary, operates metal recycling facilities in Virginia, Ohio, and North Carolina. The company collects, classifies, and processes appliances, construction materials, end-of-life vehicles, boats, and industrial machinery. It is also involved in the purchasing and sale of processed and unprocessed scrap metals; and operation of automotive shredders.