Short Interest in ReTo Eco-Solutions, Inc. (NASDAQ:RETO) Drops By 23.9%

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) was the recipient of a large decrease in short interest in the month of 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. Based on an average daily trading volume, of 368,700 shares, the short-interest ratio is currently 0.2 days. Currently, 4.1% of the company’s stock are short sold.

ReTo Eco-Solutions Stock Up 2.3 %

RETO traded up $0.11 during trading hours on Tuesday, hitting $4.84. 47,277 shares of the company’s stock were exchanged, compared to its average volume of 109,056. ReTo Eco-Solutions has a 12-month low of $2.86 and a 12-month high of $34.60. The firm has a 50 day moving average of $6.73 and a 200 day moving average of $9.67. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.02 and a quick ratio of 1.00.

About ReTo Eco-Solutions

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.