Short Interest in Stabilis Solutions, Inc. (NASDAQ:SLNG) Expands By 36.9%

Stabilis Solutions, Inc. (NASDAQ:SLNG) was the target of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 15,200 shares, a growth of 36.9% from the October 15th total of 11,100 shares. Based on an average daily trading volume, of 7,300 shares, the days-to-cover ratio is presently 2.1 days. Currently, 0.7% of the company’s stock are short sold.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Callahan Advisors LLC purchased a new position in shares of Stabilis Solutions during the second quarter valued at approximately $109,000. Dimensional Fund Advisors LP bought a new stake in Stabilis Solutions in the 2nd quarter worth approximately $41,000. Finally, Tieton Capital Management LLC raised its stake in Stabilis Solutions by 2.3% during the 2nd quarter. Tieton Capital Management LLC now owns 167,925 shares of the company’s stock valued at $647,000 after buying an additional 3,773 shares during the last quarter. Hedge funds and other institutional investors own 3.81% of the company’s stock.

Stabilis Solutions Stock Up 5.4 %

Shares of NASDAQ:SLNG traded up $0.25 on Friday, hitting $4.85. 13,398 shares of the company traded hands, compared to its average volume of 5,394. The stock has a 50 day simple moving average of $4.48 and a 200-day simple moving average of $4.20. The company has a quick ratio of 1.63, a current ratio of 1.24 and a debt-to-equity ratio of 0.11. The company has a market cap of $90.02 million, a PE ratio of 23.29 and a beta of 0.78. Stabilis Solutions has a 52 week low of $3.77 and a 52 week high of $5.23.

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.