ReTo Eco-Solutions, Inc. (NASDAQ:RETO) Short Interest Up 968.3% in September

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 172,000 shares, an increase of 968.3% from the August 31st total of 16,100 shares. Currently, 10.6% of the company’s stock are sold short. Based on an average daily trading volume, of 120,400 shares, the short-interest ratio is currently 1.4 days. Based on an average daily trading volume, of 120,400 shares, the short-interest ratio is currently 1.4 days. Currently, 10.6% of the company’s stock are sold short.

ReTo Eco-Solutions Trading Down 0.8%

NASDAQ:RETO opened at $1.18 on Wednesday. ReTo Eco-Solutions has a 52 week low of $1.13 and a 52 week high of $15.40. The firm has a 50-day moving average price of $1.85 and a two-hundred day moving average price of $2.81.

About ReTo Eco-Solutions

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.