ReTo Eco-Solutions, Inc. (NASDAQ:RETO) Short Interest Update

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 159,200 shares, a growth of 18.2% from the August 31st total of 134,700 shares. Approximately 1.0% of the company’s stock are short sold. Based on an average daily volume of 199,600 shares, the short-interest ratio is currently 0.8 days.

Institutional Investors Weigh In On ReTo Eco-Solutions

A hedge fund recently bought a new stake in ReTo Eco-Solutions stock. XTX Topco Ltd bought a new stake in shares of ReTo Eco-Solutions, Inc. (NASDAQ:RETO) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 12,170 shares of the company’s stock, valued at approximately $36,000. XTX Topco Ltd owned about 0.32% of ReTo Eco-Solutions at the end of the most recent reporting period. 6.27% of the stock is currently owned by institutional investors and hedge funds.

ReTo Eco-Solutions Stock Performance

Shares of RETO stock opened at $1.28 on Monday. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.61. ReTo Eco-Solutions has a one year low of $0.86 and a one year high of $8.50. The company’s 50-day simple moving average is $1.31 and its 200-day simple moving average is $1.51.

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.