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

Stabilis Solutions, Inc. (NASDAQ:SLNG) was the target of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 5,053 shares, an increase of 324.3% from the January 15th total of 1,191 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 17,501 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 17,501 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On Stabilis Solutions

Several institutional investors and hedge funds have recently modified their holdings of the business. Ancora Advisors LLC increased its stake in Stabilis Solutions by 32.3% during the 3rd quarter. Ancora Advisors LLC now owns 84,849 shares of the company’s stock worth $370,000 after purchasing an additional 20,718 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of Stabilis Solutions by 22.9% during the third quarter. Russell Investments Group Ltd. now owns 57,034 shares of the company’s stock worth $249,000 after acquiring an additional 10,643 shares in the last quarter. Citadel Advisors LLC raised its holdings in shares of Stabilis Solutions by 37.7% during the third quarter. Citadel Advisors LLC now owns 19,146 shares of the company’s stock worth $83,000 after acquiring an additional 5,238 shares during the period. Dimensional Fund Advisors LP lifted its position in Stabilis Solutions by 13.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 18,523 shares of the company’s stock valued at $81,000 after acquiring an additional 2,207 shares in the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new position in Stabilis Solutions in the 2nd quarter worth $83,000. 3.81% of the stock is currently owned by institutional investors and hedge funds.

Stabilis Solutions Price Performance

SLNG opened at $5.45 on Wednesday. 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 has a 12 month low of $3.29 and a 12 month high of $8.28. The company has a fifty day simple moving average of $4.87 and a 200 day simple moving average of $4.62. The stock has a market cap of $101.37 million, a P/E ratio of 109.02 and a beta of -0.03.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Stabilis Solutions in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Stabilis Solutions presently has an average rating of “Hold” and a consensus target price of $10.00.

About Stabilis Solutions

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.