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

ReTo Eco-Solutions Inc (NASDAQ:RETO) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totalling 23,700 shares, a drop of 14.1% from the June 30th total of 27,600 shares. Based on an average daily trading volume, of 7,400 shares, the days-to-cover ratio is currently 3.2 days. Currently, 0.3% of the company’s shares are short sold.

NASDAQ RETO traded down $0.09 on Thursday, hitting $0.88. The company’s stock had a trading volume of 3,200 shares, compared to its average volume of 19,215. ReTo Eco-Solutions has a 52-week low of $0.87 and a 52-week high of $4.95. The company has a current ratio of 1.43, a quick ratio of 1.20 and a debt-to-equity ratio of 0.15. The company’s 50-day simple moving average is $1.23 and its 200 day simple moving average is $1.59.

About ReTo Eco-Solutions

ReTo Eco-Solutions, Inc manufactures and distributes construction materials primarily in China. Its products include aggregates, bricks, pavers, tiles, river sand, and granite; ground works materials that assist in water absorption, flood control, and water retention; and landscape retaining materials that are used for gardens, roads, bridges, city squares, retaining walls, and slope construction.

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