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

Stabilis Solutions, Inc. (NASDAQ:SLNG) saw a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 15,200 shares, a growth of 36.9% from the October 15th total of 11,100 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average trading volume of 7,300 shares, the short-interest ratio is presently 2.1 days.

Stabilis Solutions Trading Up 5.4 %

Stabilis Solutions stock traded up $0.25 during trading hours on Friday, hitting $4.85. The stock had a trading volume of 13,398 shares, compared to its average volume of 5,394. The stock has a market cap of $90.02 million, a price-to-earnings ratio of 23.07 and a beta of 0.78. The company has a quick ratio of 1.63, a current ratio of 1.24 and a debt-to-equity ratio of 0.11. The business’s 50 day simple moving average is $4.48 and its 200-day simple moving average is $4.20. Stabilis Solutions has a one year low of $3.77 and a one year high of $5.23.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Tieton Capital Management LLC grew its holdings in Stabilis Solutions by 2.3% during the 2nd quarter. Tieton Capital Management LLC now owns 167,925 shares of the company’s stock worth $647,000 after acquiring an additional 3,773 shares during the last quarter. Dimensional Fund Advisors LP acquired a new position in shares of Stabilis Solutions during the second quarter worth $41,000. Finally, Callahan Advisors LLC acquired a new position in shares of Stabilis Solutions during the second quarter worth $109,000. Institutional investors own 3.81% of the company’s stock.

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.