Short Interest in Stabilis Solutions, Inc. (NASDAQ:SLNG) Expands By 108.3%

Stabilis Solutions, Inc. (NASDAQ:SLNG) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 2,610 shares, a growth of 108.3% from the November 30th total of 1,253 shares. Based on an average trading volume of 5,105 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 5,105 shares, the short-interest ratio is presently 0.5 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Stabilis Solutions in a research note on Monday, December 22nd. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $10.00.

Stabilis Solutions Stock Performance

SLNG opened at $4.35 on Friday. Stabilis Solutions has a 12-month low of $3.29 and a 12-month high of $8.28. The firm has a market capitalization of $80.89 million, a P/E ratio of 87.02 and a beta of -0.03. The stock’s 50 day moving average price is $4.79 and its two-hundred day moving average price is $4.64. The company has a quick ratio of 1.40, a current ratio of 1.42 and a debt-to-equity ratio of 0.10.

Stabilis Solutions (NASDAQ:SLNG) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.05. The business had revenue of $20.33 million for the quarter, compared to the consensus estimate of $17.30 million. Stabilis Solutions had a net margin of 1.40% and a return on equity of 1.53%.

Institutional Investors Weigh In On Stabilis Solutions

A number of institutional investors have recently added to or reduced their stakes in SLNG. Russell Investments Group Ltd. acquired a new position in Stabilis Solutions in the 1st quarter valued at approximately $225,000. Ancora Advisors LLC increased its position in shares of Stabilis Solutions by 803.7% during the first quarter. Ancora Advisors LLC now owns 61,391 shares of the company’s stock valued at $298,000 after purchasing an additional 54,598 shares during the period. Sequoia Financial Advisors LLC bought a new stake in shares of Stabilis Solutions during the second quarter valued at approximately $83,000. Citadel Advisors LLC raised its stake in shares of Stabilis Solutions by 37.7% in the third quarter. Citadel Advisors LLC now owns 19,146 shares of the company’s stock valued at $83,000 after purchasing an additional 5,238 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Stabilis Solutions by 13.5% in the third quarter. Dimensional Fund Advisors LP now owns 18,523 shares of the company’s stock worth $81,000 after purchasing an additional 2,207 shares during the period. 3.81% of the stock is owned by institutional investors and hedge funds.

Stabilis Solutions Company Profile

Stabilis Solutions (NASDAQ: SLNG) is a U.S.-based marketer and distributor of cryogenic liquid products and liquefied natural gas (LNG). The company operates a nationwide network of terminals and bulk delivery assets, supplying industrial gases such as liquid oxygen, nitrogen and argon, as well as specialty products including carbon dioxide and hydrogen. Stabilis Solutions serves a broad array of end markets—from food and beverage processing to environmental applications and power generation—by ensuring a reliable chain of custody from production to point of use.

In addition to its cryogenic gas portfolio, Stabilis Solutions has developed a growing LNG business, providing clean-fuel solutions for heavy-duty transportation and on-site energy needs.