ReTo Eco-Solutions, Inc. (NASDAQ:RETO) Sees Large Decline in Short Interest

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) was the target of a large decrease in short interest in February. As of February 28th, there was short interest totalling 78,600 shares, a decrease of 23.9% from the February 13th total of 103,300 shares. Approximately 4.1% of the shares of the company are short sold. Based on an average trading volume of 368,700 shares, the short-interest ratio is presently 0.2 days.

ReTo Eco-Solutions Stock Performance

Shares of RETO stock traded up $0.08 on Monday, hitting $4.40. 8,749 shares of the stock traded hands, compared to its average volume of 483,467. The company’s fifty day moving average is $6.89 and its 200 day moving average is $9.79. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.00 and a current ratio of 1.02. ReTo Eco-Solutions has a 1-year low of $2.86 and a 1-year high of $34.60.

ReTo Eco-Solutions Company Profile

ReTo Eco-Solutions, Inc, together with its subsidiaries, manufactures and distributes construction materials primarily in China. Its products include aggregates, bricks, pavers, and tiles. The company's construction materials are used for water absorption, flood control, and water retention; for gardens, roads, bridges, city squares, retaining walls, and slope construction; for hydraulic ecological projects, such as slope protection and river transformation; and for insulation, decoration, and building walls.