Stabilis Solutions, Inc. (NASDAQ:SLNG) Short Interest Update

Stabilis Solutions, Inc. (NASDAQ:SLNG) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 43,400 shares, an increase of 1,872.7% from the February 28th total of 2,200 shares. Approximately 1.3% of the company’s shares are short sold. Based on an average daily trading volume, of 32,800 shares, the short-interest ratio is currently 1.3 days.

Analyst Upgrades and Downgrades

Separately, Maxim Group initiated coverage on shares of Stabilis Solutions in a report on Monday, February 10th. They set a “buy” rating and a $12.00 price objective on the stock.

Institutional Trading of Stabilis Solutions

A number of hedge funds have recently made changes to their positions in the company. Tieton Capital Management LLC boosted its stake in shares of Stabilis Solutions by 25.7% in the fourth quarter. Tieton Capital Management LLC now owns 208,051 shares of the company’s stock valued at $1,113,000 after purchasing an additional 42,475 shares during the period. Renaissance Technologies LLC purchased a new stake in Stabilis Solutions during the 4th quarter worth $56,000. Dimensional Fund Advisors LP lifted its holdings in Stabilis Solutions by 12.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 14,310 shares of the company’s stock worth $77,000 after buying an additional 1,531 shares in the last quarter. Northern Trust Corp boosted its position in Stabilis Solutions by 82.9% in the 4th quarter. Northern Trust Corp now owns 39,879 shares of the company’s stock valued at $213,000 after buying an additional 18,077 shares during the last quarter. Finally, Ancora Advisors LLC acquired a new stake in shares of Stabilis Solutions during the fourth quarter valued at about $36,000. Hedge funds and other institutional investors own 3.81% of the company’s stock.

Stabilis Solutions Stock Down 0.2 %

Shares of Stabilis Solutions stock opened at $5.07 on Thursday. The company has a fifty day moving average price of $6.25 and a 200 day moving average price of $5.42. The stock has a market cap of $94.28 million, a price-to-earnings ratio of 24.14 and a beta of 0.93. Stabilis Solutions has a twelve month low of $3.77 and a twelve month high of $8.28. The company has a current ratio of 1.24, a quick ratio of 1.22 and a debt-to-equity ratio of 0.11.

Stabilis Solutions (NASDAQ:SLNG) last posted its earnings results on Tuesday, February 25th. The company reported $0.11 earnings per share (EPS) for the quarter. The business had revenue of $17.30 million during the quarter. Stabilis Solutions had a return on equity of 6.16% and a net margin of 5.29%.

Stabilis Solutions Company Profile

Stabilis Solutions, Inc, together with its subsidiaries, an energy transition company, provides clean energy production, storage, transportation, and fueling solutions primarily using liquefied natural gas (LNG) to various end markets in North America. The company offers LNG solutions to customers in aerospace, agriculture, energy, industrial, marine bunkering, mining, pipeline, remote power, and utility markets.