Short Interest in Stabilis Solutions, Inc. (NASDAQ:SLNG) Drops By 27.9%

Stabilis Solutions, Inc. (NASDAQ:SLNG - Get Free Report) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 31,300 shares, a decrease of 27.9% from the March 15th total of 43,400 shares. Based on an average trading volume of 31,400 shares, the short-interest ratio is currently 1.0 days. Currently, 0.9% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Ancora Advisors LLC acquired a new stake in Stabilis Solutions during the 4th quarter worth $36,000. Renaissance Technologies LLC acquired a new position in Stabilis Solutions in the fourth quarter valued at about $56,000. Dimensional Fund Advisors LP lifted its stake in Stabilis Solutions by 12.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 14,310 shares of the company's stock valued at $77,000 after buying an additional 1,531 shares during the period. Northern Trust Corp boosted its holdings in Stabilis Solutions by 82.9% during the fourth quarter. Northern Trust Corp now owns 39,879 shares of the company's stock worth $213,000 after buying an additional 18,077 shares during the last quarter. Finally, Tieton Capital Management LLC increased its stake in shares of Stabilis Solutions by 25.7% in the 4th quarter. Tieton Capital Management LLC now owns 208,051 shares of the company's stock valued at $1,113,000 after acquiring an additional 42,475 shares during the last quarter. 3.81% of the stock is currently owned by institutional investors and hedge funds.

Stabilis Solutions Price Performance

NASDAQ:SLNG traded down $0.01 during mid-day trading on Wednesday, reaching $4.61. 2,279 shares of the company were exchanged, compared to its average volume of 13,899. Stabilis Solutions has a 12 month low of $3.32 and a 12 month high of $8.28. The stock has a market cap of $85.73 million, a PE ratio of 21.95 and a beta of 0.46. The company has a quick ratio of 1.22, a current ratio of 1.24 and a debt-to-equity ratio of 0.11. The company has a fifty day moving average of $5.16 and a 200 day moving average of $5.42.

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

Analyst Ratings Changes

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

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.