Short Interest in ReTo Eco-Solutions, Inc. (NASDAQ:RETO) Expands By 45.9%

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) saw a large growth in short interest in 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. Based on an average trading volume of 3,320,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.7% of the company’s shares are sold short.

ReTo Eco-Solutions Stock Performance

NASDAQ:RETO traded up $0.08 on Tuesday, reaching $0.85. 3,922,243 shares of the company’s stock were exchanged, compared to its average volume of 5,563,464. ReTo Eco-Solutions has a 52-week low of $0.33 and a 52-week high of $3.84. The company has a quick ratio of 1.00, a current ratio of 1.02 and a debt-to-equity ratio of 0.03. The business has a fifty day moving average of $0.75 and a 200-day moving average of $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.