Short Interest in ReTo Eco-Solutions, Inc. (NASDAQ:RETO) Decreases By 41.8%

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) was the recipient of a large decrease in short interest in February. As of February 13th, there was short interest totaling 59,976 shares, a decrease of 41.8% from the January 29th total of 103,065 shares. Based on an average daily volume of 541,078 shares, the short-interest ratio is presently 0.1 days. Currently, 2.6% of the shares of the company are short sold. Currently, 2.6% of the shares of the company are short sold. Based on an average daily volume of 541,078 shares, the short-interest ratio is presently 0.1 days.

ReTo Eco-Solutions Stock Performance

RETO stock traded up $0.14 during mid-day trading on Friday, hitting $0.90. The stock had a trading volume of 325,149 shares, compared to its average volume of 1,738,726. The firm has a fifty day simple moving average of $1.33 and a 200 day simple moving average of $15.73. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.59 and a quick ratio of 0.58. ReTo Eco-Solutions has a 52 week low of $0.55 and a 52 week high of $53.50.

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

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of ReTo Eco-Solutions in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

About ReTo Eco-Solutions

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.