ReTo Eco-Solutions, Inc. (NASDAQ:RETO – Get Free Report) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 159,200 shares, a growth of 18.2% from the August 31st total of 134,700 shares. Approximately 1.0% of the shares of the company are sold short. Based on an average daily volume of 199,600 shares, the short-interest ratio is currently 0.8 days.
ReTo Eco-Solutions Trading Down 1.5 %
NASDAQ:RETO traded down $0.02 during trading hours on Friday, hitting $1.28. 79,005 shares of the stock traded hands, compared to its average volume of 92,684. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.60 and a quick ratio of 0.60. The stock has a 50 day moving average price of $1.31 and a 200 day moving average price of $1.52. ReTo Eco-Solutions has a 1 year low of $0.86 and a 1 year high of $8.50.
Hedge Funds Weigh In On ReTo Eco-Solutions
An institutional investor recently bought a new position in ReTo Eco-Solutions stock. Virtu Financial LLC acquired a new position in ReTo Eco-Solutions, Inc. (NASDAQ:RETO – Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 25,436 shares of the company’s stock, valued at approximately $28,000. Virtu Financial LLC owned approximately 5.92% of ReTo Eco-Solutions as of its most recent SEC filing. Hedge funds and other institutional investors own 6.27% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than ReTo Eco-Solutions
- What is the Shanghai Stock Exchange Composite Index?
- Simon Property REIT: A Safe Bet for Growth and Steady Dividends
- Dividend Payout Ratio Calculator
- CarMax’s Impressive Rally: What Investors Should Watch Next
- What Are Some of the Best Large-Cap Stocks to Buy?
- MarketBeat Week in Review – 9/23 – 9/27
Receive News & Ratings for ReTo Eco-Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ReTo Eco-Solutions and related companies with MarketBeat.com's FREE daily email newsletter.