Stabilis Solutions, Inc. (NASDAQ:SLNG) Short Interest Update

Stabilis Solutions, Inc. (NASDAQ:SLNG) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 3,400 shares, a growth of 142.9% from the August 15th total of 1,400 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 3,200 shares, the short-interest ratio is presently 1.1 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. 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 purchasing an additional 3,773 shares during the period. Callahan Advisors LLC purchased a new stake in shares of Stabilis Solutions in the second quarter worth approximately $109,000. Victory Capital Management Inc. acquired a new stake in shares of Stabilis Solutions during the 4th quarter valued at $93,000. Finally, Dimensional Fund Advisors LP purchased a new stake in shares of Stabilis Solutions during the 2nd quarter worth about $41,000. 3.81% of the stock is currently owned by institutional investors and hedge funds.

Stabilis Solutions Trading Down 0.2 %

Shares of NASDAQ SLNG traded down $0.01 during mid-day trading on Thursday, hitting $4.05. 2,197 shares of the company traded hands, compared to its average volume of 4,138. The company has a quick ratio of 1.63, a current ratio of 1.64 and a debt-to-equity ratio of 0.12. Stabilis Solutions has a 1 year low of $3.77 and a 1 year high of $5.29. The stock has a market capitalization of $75.28 million, a price-to-earnings ratio of 135.02 and a beta of 0.75. The business has a 50 day moving average of $4.06 and a two-hundred day moving average of $4.07.

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.