Short Interest in ReTo Eco-Solutions Inc (NASDAQ:RETO) Decreases By 14.8%

ReTo Eco-Solutions Inc (NASDAQ:RETO) was the target of a large decline in short interest in June. As of June 15th, there was short interest totalling 26,000 shares, a decline of 14.8% from the May 15th total of 30,500 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 8,400 shares, the short-interest ratio is presently 3.1 days.

Shares of RETO stock opened at $1.39 on Friday. The company has a 50-day moving average price of $1.40. ReTo Eco-Solutions has a twelve month low of $0.95 and a twelve month high of $5.20. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.43 and a quick ratio of 1.20.

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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