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

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 35,500 shares, a decline of 54.8% from the February 28th total of 78,600 shares. Currently, 2.4% of the shares of the company are sold short. Based on an average daily volume of 377,700 shares, the short-interest ratio is currently 0.1 days.

ReTo Eco-Solutions Price Performance

NASDAQ RETO traded up $0.19 on Friday, hitting $3.67. The stock had a trading volume of 34,597 shares, compared to its average volume of 110,083. The company’s 50-day moving average is $5.98 and its two-hundred day moving average is $9.14. ReTo Eco-Solutions has a one year low of $2.86 and a one year high of $34.60. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.02 and a quick ratio of 1.00.

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.