ReTo Eco-Solutions, Inc. (NASDAQ:RETO) Short Interest Down 20.8% in December

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 71,800 shares, a drop of 20.8% from the November 30th total of 90,600 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 67,100 shares, the short-interest ratio is currently 1.1 days.

Hedge Funds Weigh In On ReTo Eco-Solutions

A hedge fund recently bought a new stake in ReTo Eco-Solutions stock. XTX Topco Ltd acquired a new position in ReTo Eco-Solutions, Inc. (NASDAQ:RETO) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 12,170 shares of the company’s stock, valued at approximately $36,000. XTX Topco Ltd owned about 0.32% of ReTo Eco-Solutions as of its most recent SEC filing. Hedge funds and other institutional investors own 6.27% of the company’s stock.

ReTo Eco-Solutions Stock Down 1.1 %

NASDAQ:RETO traded down $0.01 during trading hours on Friday, reaching $0.87. 32,624 shares of the company traded hands, compared to its average volume of 131,809. The company has a quick ratio of 1.00, a current ratio of 1.02 and a debt-to-equity ratio of 0.03. The business’s 50-day moving average price is $1.01 and its two-hundred day moving average price is $1.33. ReTo Eco-Solutions has a 1 year low of $0.85 and a 1 year high of $5.00.

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.