ReTo Eco-Solutions, Inc. (NASDAQ:RETO) Short Interest Down 54.8% in March

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) saw a significant decline in short interest in March. As of March 15th, there was short interest totalling 35,500 shares, a decline of 54.8% from the February 28th total of 78,600 shares. Based on an average daily volume of 377,700 shares, the days-to-cover ratio is presently 0.1 days. Approximately 2.4% of the shares of the stock are short sold.

ReTo Eco-Solutions Price Performance

ReTo Eco-Solutions stock traded up $0.37 during trading hours on Friday, hitting $3.85. The stock had a trading volume of 24,706 shares, compared to its average volume of 109,643. ReTo Eco-Solutions has a 1-year low of $2.86 and a 1-year high of $34.60. The stock’s fifty day moving average is $6.09 and its two-hundred day moving average is $9.22. The company has a quick ratio of 1.00, a current ratio of 1.02 and a debt-to-equity ratio of 0.03.

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.