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

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

ReTo Eco-Solutions Stock Up 3.7 %

ReTo Eco-Solutions stock traded up $0.18 during mid-day trading on Wednesday, reaching $5.02. The company’s stock had a trading volume of 1,693 shares, compared to its average volume of 109,051. The business has a 50 day moving average price of $6.73 and a 200-day moving average price of $9.67. 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 twelve month low of $2.86 and a twelve month 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.