ReTo Eco-Solutions, Inc. (NASDAQ:RETO) Short Interest Up 67.5% in April

ReTo Eco-Solutions, Inc. (NASDAQ:RETOGet Free Report) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 90,300 shares, a growth of 67.5% from the March 31st total of 53,900 shares. Currently, 2.9% of the shares of the stock are sold short. Based on an average daily volume of 128,100 shares, the days-to-cover ratio is currently 0.7 days.

ReTo Eco-Solutions Trading Up 2.6 %

Shares of RETO stock traded up $0.03 during trading hours on Friday, hitting $0.99. 68,546 shares of the company’s stock were exchanged, compared to its average volume of 202,363. ReTo Eco-Solutions has a 12-month low of $0.86 and a 12-month high of $73.60. The business’s 50 day simple moving average is $1.86 and its 200-day simple moving average is $3.98.

ReTo Eco-Solutions Company Profile

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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.

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