ReTo Eco-Solutions, Inc. (NASDAQ:RETO) Short Interest Down 20.8% in December

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totalling 71,800 shares, a decrease of 20.8% from the November 30th total of 90,600 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 67,100 shares, the days-to-cover ratio is presently 1.1 days.

ReTo Eco-Solutions Stock Up 4.5 %

NASDAQ:RETO traded up $0.04 during trading hours on Monday, hitting $0.91. 18,459 shares of the company’s stock traded hands, compared to its average volume of 131,357. ReTo Eco-Solutions has a 52 week low of $0.85 and a 52 week high of $5.00. The business’s fifty day simple moving average is $1.01 and its two-hundred day simple moving average is $1.32. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.02 and a quick ratio of 1.00.

Institutional Trading of ReTo Eco-Solutions

A hedge fund recently bought a new stake in ReTo Eco-Solutions stock. XTX Topco Ltd acquired a new position in ReTo Eco-Solutions, Inc. (NASDAQ:RETO) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 12,170 shares of the company’s stock, valued at approximately $36,000. XTX Topco Ltd owned approximately 0.32% of ReTo Eco-Solutions at the end of the most recent quarter. Institutional investors and hedge funds own 6.27% of the company’s stock.

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.