ReTo Eco-Solutions, Inc. (NASDAQ:RETO) Short Interest Down 46.2% in April

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 202,215 shares, a decrease of 46.2% from the April 15th total of 375,623 shares. Currently, 8.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,486,491 shares, the short-interest ratio is presently 0.1 days.

ReTo Eco-Solutions Stock Performance

Shares of NASDAQ:RETO traded down $0.10 during trading on Monday, reaching $2.15. The company had a trading volume of 56,557 shares, compared to its average volume of 226,803. The company has a fifty day moving average of $3.13 and a two-hundred day moving average of $8.40. ReTo Eco-Solutions has a 12 month low of $1.80 and a 12 month high of $78.20. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.21 and a quick ratio of 0.19.

ReTo Eco-Solutions (NASDAQ:RETO) last released its earnings results on Thursday, April 30th. The company reported ($44.68) EPS for the quarter. The company had revenue of $1.16 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of ReTo Eco-Solutions in a report on Monday, April 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, ReTo Eco-Solutions has an average 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.