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

Stabilis Solutions, Inc. (NASDAQ:SLNG) saw a large growth in short interest during the month of 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. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,900 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Investors Weigh In On Stabilis Solutions

An institutional investor recently bought a new position in Stabilis Solutions stock. Victory Capital Management Inc. acquired a new stake in Stabilis Solutions, Inc. (NASDAQ:SLNG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 22,436 shares of the company’s stock, valued at approximately $93,000. Victory Capital Management Inc. owned 0.12% of Stabilis Solutions at the end of the most recent quarter. 3.81% of the stock is owned by institutional investors and hedge funds.

Stabilis Solutions Trading Up 0.4 %

Shares of NASDAQ:SLNG traded up $0.01 on Thursday, reaching $4.17. 1,040 shares of the company traded hands, compared to its average volume of 4,751. Stabilis Solutions has a 52 week low of $3.01 and a 52 week high of $6.40. The company has a current ratio of 1.28, a quick ratio of 1.26 and a debt-to-equity ratio of 0.13. The business’s 50-day simple moving average is $4.13 and its 200 day simple moving average is $4.31. The stock has a market capitalization of $77.48 million, a P/E ratio of 417.00 and a beta of 0.80.

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

Wall Street Analysts Forecast Growth

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

About Stabilis Solutions

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.