Stabilis Solutions, Inc. (NASDAQ:SLNG) Short Interest Up 55.9% in September

Stabilis Solutions, Inc. (NASDAQ:SLNG) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 5,300 shares, an increase of 55.9% from the August 31st total of 3,400 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 3,600 shares, the short-interest ratio is presently 1.5 days.

Stabilis Solutions Trading Up 3.4 %

Shares of NASDAQ:SLNG traded up $0.16 during midday trading on Friday, reaching $4.90. The company’s stock had a trading volume of 15,056 shares, compared to its average volume of 4,461. Stabilis Solutions has a fifty-two week low of $3.77 and a fifty-two week high of $5.29. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.63 and a current ratio of 1.64. The firm has a 50 day moving average price of $4.12 and a two-hundred day moving average price of $4.09. The firm has a market capitalization of $91.07 million, a price-to-earnings ratio of 163.33 and a beta of 0.75.

Institutional Trading of Stabilis Solutions

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP purchased a new stake in shares of Stabilis Solutions in the second quarter worth approximately $41,000. Callahan Advisors LLC purchased a new position in shares of Stabilis Solutions in the 2nd quarter worth approximately $109,000. Finally, Tieton Capital Management LLC grew its holdings in shares of Stabilis Solutions by 2.3% in the second quarter. Tieton Capital Management LLC now owns 167,925 shares of the company’s stock valued at $647,000 after acquiring an additional 3,773 shares in the last quarter. 3.81% of the stock is owned by institutional investors.

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.