ReTo Eco-Solutions, Inc. (NASDAQ:RETO) Stock Short Interest Report for October

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 82,685 shares, a drop of 94.6% from the September 30th total of 1,535,119 shares. Currently, 1.5% of the company’s stock are sold short. Based on an average daily trading volume, of 3,004,191 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

A number of brokerages have weighed in on RETO. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of ReTo Eco-Solutions in a research note on Thursday, August 27th. Wall Street Zen raised shares of ReTo Eco-Solutions to a “sell” rating in a research report on Saturday, October 10th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

ReTo Eco-Solutions Price Performance

NASDAQ RETO traded up $0.03 on Monday, reaching $0.83. The company had a trading volume of 186,913 shares, compared to its average volume of 3,170,586. The company’s fifty day moving average is $12.41 and its 200-day moving average is $51.14. ReTo Eco-Solutions has a 1-year low of $0.76 and a 1-year high of $417.00.

ReTo Eco-Solutions Company Profile

ReTo Eco-Solutions Ltd. is a China-based environmental solutions company focused on the development and application of technologies for sustainable construction and ecological restoration. The company works to convert construction and industrial waste into usable materials, supporting resource recycling and environmentally responsible development.

Its products and services have included recycled and eco-friendly construction materials such as permeable bricks, tiles, concrete products, aggregates and other landscaping materials.