ReTo Eco-Solutions, Inc. (NASDAQ:RETO) Stock Short Interest Report for October

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 82,685 shares, a decline of 94.6% from the September 30th total of 1,535,119 shares. Approximately 1.5% of the company’s shares are short sold. Based on an average daily volume of 3,004,191 shares, the days-to-cover ratio is currently 0.0 days.

ReTo Eco-Solutions Stock Performance

RETO stock traded up $0.03 during midday trading on Monday, hitting $0.83. 186,913 shares of the company’s stock were exchanged, compared to its average volume of 3,170,586. ReTo Eco-Solutions has a one year low of $0.76 and a one year high of $417.00. The stock’s fifty day moving average price is $12.41 and its 200-day moving average price is $51.14.

Analyst Upgrades and Downgrades

RETO has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of ReTo Eco-Solutions in a research note on Thursday, August 27th. Wall Street Zen raised shares of ReTo Eco-Solutions to a “sell” rating in a research report on Saturday, October 10th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, ReTo Eco-Solutions currently has a consensus rating of “Sell”.

About ReTo Eco-Solutions

ReTo Eco-Solutions Ltd. is a China-based environmental solutions company focused on the development and application of technologies for sustainable construction and ecological restoration. The company works to convert construction and industrial waste into usable materials, supporting resource recycling and environmentally responsible development.

Its products and services have included recycled and eco-friendly construction materials such as permeable bricks, tiles, concrete products, aggregates and other landscaping materials.