Short Interest in Stabilis Solutions, Inc. (NASDAQ:SLNG) Grows By 1,872.7%

Stabilis Solutions, Inc. (NASDAQ:SLNG - Get Free Report) was the recipient of a significant increase in short interest in 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 sold short. Based on an average daily trading volume, of 32,800 shares, the short-interest ratio is currently 1.3 days.

Analyst Ratings Changes

Separately, Maxim Group initiated coverage on Stabilis Solutions in a report on Monday, February 10th. They set a "buy" rating and a $12.00 target price for the company.

Hedge Funds Weigh In On Stabilis Solutions

Institutional investors have recently added to or reduced their stakes in the company. Tieton Capital Management LLC grew its position 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 worth $1,113,000 after buying an additional 42,475 shares during the period. Renaissance Technologies LLC bought a new stake in Stabilis Solutions during the fourth quarter worth about $56,000. Dimensional Fund Advisors LP grew its holdings in Stabilis Solutions by 12.0% in 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 period. Northern Trust Corp increased its stake in shares of Stabilis Solutions by 82.9% during the fourth quarter. Northern Trust Corp now owns 39,879 shares of the company's stock valued at $213,000 after purchasing an additional 18,077 shares in the last quarter. Finally, Ancora Advisors LLC purchased a new position in shares of Stabilis Solutions during the fourth quarter valued at approximately $36,000. Institutional investors own 3.81% of the company's stock.

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Stabilis Solutions Trading Down 2.0 %

Shares of NASDAQ:SLNG traded down $0.10 on Friday, hitting $4.97. The company had a trading volume of 7,619 shares, compared to its average volume of 13,405. The firm's 50-day simple moving average is $6.19 and its two-hundred day simple moving average is $5.44. The firm has a market capitalization of $92.42 million, a price-to-earnings ratio of 23.67 and a beta of 0.93. The company has a quick ratio of 1.22, a current ratio of 1.24 and a debt-to-equity ratio of 0.11. Stabilis Solutions has a 1 year low of $3.77 and a 1 year high of $8.28.

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. Stabilis Solutions had a return on equity of 6.16% and a net margin of 5.29%. The business had revenue of $17.30 million for the quarter.

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.