ReTo Eco-Solutions, Inc. (NASDAQ:RETO) Short Interest Update

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 159,200 shares, an increase of 18.2% from the August 31st total of 134,700 shares. Currently, 1.0% of the shares of the stock are sold short. Based on an average daily volume of 199,600 shares, the days-to-cover ratio is currently 0.8 days.

ReTo Eco-Solutions Trading Down 1.5 %

NASDAQ RETO traded down $0.02 during trading on Friday, hitting $1.28. 79,005 shares of the company’s stock traded hands, compared to its average volume of 92,684. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.60 and a current ratio of 0.60. ReTo Eco-Solutions has a 12-month low of $0.86 and a 12-month high of $8.50. The stock has a fifty day moving average of $1.31 and a two-hundred day moving average of $1.52.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ReTo Eco-Solutions stock. Virtu Financial LLC purchased a new position in ReTo Eco-Solutions, Inc. (NASDAQ:RETO) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 25,436 shares of the company’s stock, valued at approximately $28,000. Virtu Financial LLC owned approximately 5.92% of ReTo Eco-Solutions at the end of the most recent reporting period. 6.27% of the stock is owned by hedge funds and other institutional investors.

ReTo Eco-Solutions Company Profile

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.