ReTo Eco-Solutions, Inc. (NASDAQ:RETO) Stock Short Interest Report for September

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 1,535,119 shares, an increase of 1,288.8% from the September 15th total of 110,537 shares. Currently, 27.1% of the company’s stock are short sold. Based on an average daily volume of 136,226,380 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on RETO. Weiss Ratings reiterated a “sell (e+)” rating on shares of ReTo Eco-Solutions in a research note on Thursday, August 27th. Wall Street Zen raised shares of ReTo Eco-Solutions to a “sell” rating in a research report on Saturday. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, ReTo Eco-Solutions currently has a consensus rating of “Sell”.

ReTo Eco-Solutions Stock Performance

Shares of RETO opened at $1.32 on Friday. ReTo Eco-Solutions has a fifty-two week low of $1.32 and a fifty-two week high of $472.00. The firm has a 50 day moving average price of $21.45 and a 200-day moving average price of $44.08.

ReTo Eco-Solutions Company Profile

ReTo Eco-Solutions, Ltd. is an environmental protection and construction materials company focused on resource recycling and sustainable infrastructure solutions. The company develops and supplies environmentally friendly construction materials made in part from industrial and construction waste, including recycled aggregates, permeable bricks, concrete products and related materials.

In addition to materials manufacturing, ReTo has provided equipment and engineering services for solid-waste treatment, aggregate production, water treatment and ecological restoration.