Short Interest in Stabilis Solutions, Inc. (NASDAQ:SLNG) Increases By 260.0%

Stabilis Solutions, Inc. (NASDAQ:SLNG) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 5,400 shares, a growth of 260.0% from the March 31st total of 1,500 shares. Based on an average daily volume of 4,900 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.3% of the shares of the stock are sold short.

Stabilis Solutions Price Performance

SLNG stock traded up $0.01 during trading on Thursday, reaching $4.17. The company’s stock had a trading volume of 1,040 shares, compared to its average volume of 4,751. The company’s fifty day moving average is $4.13 and its 200-day moving average is $4.31. Stabilis Solutions has a 1 year low of $3.01 and a 1 year high of $6.40. The company has a market capitalization of $77.48 million, a P/E ratio of 417.00 and a beta of 0.80. The company has a quick ratio of 1.26, a current ratio of 1.28 and a debt-to-equity ratio of 0.13.

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

Institutional Investors Weigh In On Stabilis Solutions

A hedge fund recently bought a new stake in Stabilis Solutions stock. Victory Capital Management Inc. bought a new stake in shares of Stabilis Solutions, Inc. (NASDAQ:SLNG) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 22,436 shares of the company’s stock, valued at approximately $93,000. Victory Capital Management Inc. owned approximately 0.12% of Stabilis Solutions as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 3.81% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.