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

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) saw a significant 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. Currently, 4.1% of the shares of the company are sold short. Based on an average daily volume of 368,700 shares, the days-to-cover ratio is presently 0.2 days.

ReTo Eco-Solutions Price Performance

Shares of NASDAQ RETO traded up $0.08 during mid-day trading on Monday, hitting $4.40. 8,749 shares of the company traded hands, compared to its average volume of 483,467. ReTo Eco-Solutions has a 1 year low of $2.86 and a 1 year high of $34.60. The company has a current ratio of 1.02, a quick ratio of 1.00 and a debt-to-equity ratio of 0.03. The business has a 50 day moving average of $6.89 and a two-hundred day moving average of $9.79.

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.