ReTo Eco-Solutions, Inc. (NASDAQ:RETO) Short Interest Up 629.1% in February

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) was the target of a large increase in short interest in February. As of February 27th, there was short interest totaling 437,300 shares, an increase of 629.1% from the February 12th total of 59,976 shares. Currently, 18.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,586,518 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 1,586,518 shares, the days-to-cover ratio is currently 0.3 days. Currently, 18.8% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of ReTo Eco-Solutions in a report on Wednesday, January 28th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

ReTo Eco-Solutions Stock Up 9.2%

Shares of NASDAQ RETO opened at $0.98 on Wednesday. ReTo Eco-Solutions has a 1-year low of $0.55 and a 1-year high of $28.85. The company has a quick ratio of 0.58, a current ratio of 0.59 and a debt-to-equity ratio of 0.01. The company has a fifty day moving average price of $1.16 and a 200 day moving average price of $12.85.

About ReTo Eco-Solutions

ReTo Eco-Solutions, Inc is a U.S.-based environmental services company specializing in the treatment, recycling and re-refining of oilfield and industrial waste streams. The company provides integrated solutions for the recovery of hydrocarbons and water from drilling and production operations, utilizing mechanical separation, thermal desorption, filtration and re-refining technologies to convert used oils into high-quality base oils and minimize disposal volumes.

Through its network of strategically located facilities in core oil and gas regions, ReTo Eco-Solutions offers end-to-end logistics services, including transportation, storage and warehousing of waste materials.