ReTo Eco-Solutions, Inc. (NASDAQ:RETO) Short Interest Up 16.6% in November

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) was the recipient of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 90,600 shares, a growth of 16.6% from the November 15th total of 77,700 shares. Based on an average trading volume of 68,100 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.6% of the shares of the company are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ReTo Eco-Solutions stock. XTX Topco Ltd purchased a new stake in shares of ReTo Eco-Solutions, Inc. (NASDAQ:RETO) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 12,170 shares of the company’s stock, valued at approximately $36,000. XTX Topco Ltd owned approximately 0.32% of ReTo Eco-Solutions at the end of the most recent reporting period. 6.27% of the stock is owned by institutional investors and hedge funds.

ReTo Eco-Solutions Trading Down 3.0 %

Shares of NASDAQ RETO traded down $0.03 during midday trading on Monday, hitting $0.98. 47,327 shares of the stock traded hands, compared to its average volume of 134,984. ReTo Eco-Solutions has a one year low of $0.86 and a one year high of $5.00. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.02 and a quick ratio of 1.00. The firm has a 50-day moving average of $1.05 and a two-hundred day moving average of $1.40.

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.