Short Interest in Stabilis Solutions, Inc. (NASDAQ:SLNG) Decreases By 58.5%

Stabilis Solutions, Inc. (NASDAQ:SLNG) was the target of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 1,700 shares, a decrease of 58.5% from the February 29th total of 4,100 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,500 shares, the days-to-cover ratio is presently 0.4 days.

Stabilis Solutions Trading Down 6.1 %

SLNG traded down $0.26 during trading hours on Thursday, reaching $4.03. The company’s stock had a trading volume of 936 shares, compared to its average volume of 5,252. The business’s 50-day moving average is $4.23 and its 200-day moving average is $4.34. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.28 and a quick ratio of 1.26. The stock has a market cap of $74.88 million, a PE ratio of 418.00 and a beta of 0.81. Stabilis Solutions has a fifty-two week low of $3.01 and a fifty-two week high of $6.40.

Stabilis Solutions (NASDAQ:SLNG) last posted its earnings results on Wednesday, March 6th. The company reported $0.08 earnings per share (EPS) for the quarter. The firm had revenue of $18.05 million for the quarter. Stabilis Solutions had a return on equity of 0.21% and a net margin of 0.17%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Northern Trust Corp acquired a new stake in Stabilis Solutions in the fourth quarter valued at approximately $114,000. Victory Capital Management Inc. acquired a new stake in Stabilis Solutions in the fourth quarter valued at $93,000. Tower Research Capital LLC TRC lifted its holdings in Stabilis Solutions by 337.3% during the 1st quarter. Tower Research Capital LLC TRC now owns 6,910 shares of the company’s stock worth $25,000 after buying an additional 5,330 shares during the last quarter. EAM Investors LLC acquired a new position in shares of Stabilis Solutions during the 4th quarter worth about $609,000. Finally, Renaissance Technologies LLC acquired a new stake in shares of Stabilis Solutions during the 4th quarter worth about $130,000. Institutional investors and hedge funds own 3.81% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, TheStreet raised Stabilis Solutions from a “d+” rating to a “c-” rating in a report on Friday, February 2nd.

Stabilis Solutions Company Profile

Stabilis Solutions, Inc, together with its subsidiaries, an energy transition company, provides 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.