ReTo Eco-Solutions, Inc. (NASDAQ:RETO) Short Interest Up 958.2% in December

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 131,477 shares, an increase of 958.2% from the November 30th total of 12,425 shares. Based on an average trading volume of 786,854 shares, the short-interest ratio is currently 0.2 days. Approximately 11.0% of the shares of the stock are sold short. Approximately 11.0% of the shares of the stock are sold short. Based on an average trading volume of 786,854 shares, the short-interest ratio is currently 0.2 days.

ReTo Eco-Solutions Stock Down 1.3%

NASDAQ:RETO traded down $0.03 during mid-day trading on Wednesday, hitting $2.29. 5,344 shares of the company’s stock traded hands, compared to its average volume of 73,748. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.58 and a current ratio of 0.59. The firm’s 50 day simple moving average is $8.56 and its 200 day simple moving average is $36.56. ReTo Eco-Solutions has a 1 year low of $1.77 and a 1 year high of $61.50.

ReTo Eco-Solutions (NASDAQ:RETO) last released its quarterly earnings results on Friday, October 17th. The company reported ($0.35) EPS for the quarter. The firm had revenue of $0.52 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of ReTo Eco-Solutions in a report on Friday, October 31st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

ReTo Eco-Solutions Company Profile

ReTo Eco-Solutions, Inc is a U.S.-based environmental services company specializing in the treatment, recycling and re-refining of oilfield and industrial waste streams. The company provides integrated solutions for the recovery of hydrocarbons and water from drilling and production operations, utilizing mechanical separation, thermal desorption, filtration and re-refining technologies to convert used oils into high-quality base oils and minimize disposal volumes.

Through its network of strategically located facilities in core oil and gas regions, ReTo Eco-Solutions offers end-to-end logistics services, including transportation, storage and warehousing of waste materials.