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

Stabilis Solutions, Inc. (NASDAQ:SLNG) was the recipient of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 3,302 shares, a decline of 34.7% from the January 29th total of 5,053 shares. Based on an average trading volume of 7,642 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 7,642 shares, the short-interest ratio is currently 0.4 days.

Stabilis Solutions Trading Up 1.9%

NASDAQ SLNG traded up $0.11 on Monday, reaching $5.75. 53,902 shares of the company were exchanged, compared to its average volume of 15,022. The company has a current ratio of 1.42, a quick ratio of 1.40 and a debt-to-equity ratio of 0.10. The business’s fifty day moving average price is $5.01 and its 200 day moving average price is $4.70. The stock has a market capitalization of $106.86 million, a P/E ratio of 114.92 and a beta of -0.13. Stabilis Solutions has a fifty-two week low of $3.29 and a fifty-two week high of $6.36.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Stabilis Solutions in a report on Monday, December 29th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Stabilis Solutions currently has a consensus rating of “Hold” and a consensus target price of $10.00.

Institutional Trading of Stabilis Solutions

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Russell Investments Group Ltd. raised its holdings in shares of Stabilis Solutions by 30.2% in the 4th quarter. Russell Investments Group Ltd. now owns 74,247 shares of the company’s stock valued at $338,000 after buying an additional 17,213 shares during the period. Citadel Advisors LLC grew its position in Stabilis Solutions by 37.7% in the 3rd quarter. Citadel Advisors LLC now owns 19,146 shares of the company’s stock valued at $83,000 after acquiring an additional 5,238 shares in the last quarter. Ancora Advisors LLC increased its stake in Stabilis Solutions by 32.3% during the third quarter. Ancora Advisors LLC now owns 84,849 shares of the company’s stock worth $370,000 after purchasing an additional 20,718 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in shares of Stabilis Solutions by 13.5% during 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 in the last quarter. 3.81% of the stock is currently owned by hedge funds and other institutional investors.

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.