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

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

Analyst Upgrades and Downgrades

Separately, Maxim Group started coverage on Stabilis Solutions in a research report on Monday, February 10th. They issued a “buy” rating and a $12.00 price target for the company.

Stabilis Solutions Stock Performance

SLNG stock traded down $0.01 during midday trading on Wednesday, hitting $5.07. 6,073 shares of the stock traded hands, compared to its average volume of 13,397. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.24 and a quick ratio of 1.22. The firm has a market cap of $94.28 million, a P/E ratio of 24.14 and a beta of 0.93. The stock’s fifty day simple moving average is $6.27 and its 200-day simple moving average is $5.42. Stabilis Solutions has a 1-year low of $3.77 and a 1-year high of $8.28.

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Tieton Capital Management LLC lifted its stake in Stabilis Solutions by 25.7% during the 4th quarter. Tieton Capital Management LLC now owns 208,051 shares of the company’s stock worth $1,113,000 after acquiring an additional 42,475 shares in the last quarter. Northern Trust Corp raised its stake in Stabilis Solutions by 82.9% in the fourth 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 in the last quarter. Dimensional Fund Advisors LP lifted its stake in Stabilis Solutions by 12.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 14,310 shares of the company’s stock worth $77,000 after purchasing an additional 1,531 shares during the last quarter. Renaissance Technologies LLC acquired a new position in Stabilis Solutions in the fourth quarter valued at $56,000. Finally, Ancora Advisors LLC purchased a new position in Stabilis Solutions during the 4th quarter worth approximately $36,000. Institutional investors and hedge funds own 3.81% of the company’s stock.

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.