ReTo Eco-Solutions, Inc. (NASDAQ:RETO) Short Interest Down 54.8% in March

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 35,500 shares, a drop of 54.8% from the February 28th total of 78,600 shares. Currently, 2.4% of the shares of the stock are short sold. Based on an average trading volume of 377,700 shares, the days-to-cover ratio is presently 0.1 days.

ReTo Eco-Solutions Stock Performance

Shares of NASDAQ RETO traded up $0.37 during trading on Friday, hitting $3.85. 24,706 shares of the company were exchanged, compared to its average volume of 109,643. The firm’s fifty day moving average price is $6.09 and its 200 day moving average price is $9.22. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.02 and a quick ratio of 1.00. ReTo Eco-Solutions has a 1 year low of $2.86 and a 1 year high of $34.60.

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.