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

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) saw a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 103,300 shares, a growth of 45.9% from the January 31st total of 70,800 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily volume of 3,320,000 shares, the short-interest ratio is currently 0.0 days.

ReTo Eco-Solutions Price Performance

Shares of ReTo Eco-Solutions stock opened at $0.88 on Wednesday. ReTo Eco-Solutions has a 52 week low of $0.33 and a 52 week high of $3.84. 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 firm’s 50 day moving average is $0.75 and its two-hundred day moving average is $1.02.

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.