Stabilis Solutions, Inc. (NASDAQ:SLNG) Short Interest Down 31.0% in May

Stabilis Solutions, Inc. (NASDAQ:SLNG - Get Free Report) was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totalling 14,500 shares, a decline of 31.0% from the April 30th total of 21,000 shares. Approximately 0.4% of the company's stock are short sold. Based on an average daily trading volume, of 25,700 shares, the days-to-cover ratio is currently 0.6 days.

Wall Street Analysts Forecast Growth

Separately, Maxim Group started coverage on shares of Stabilis Solutions in a research report on Monday, February 10th. They set a "buy" rating and a $12.00 price target on the stock.

Institutional Investors Weigh In On Stabilis Solutions

A number of institutional investors and hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP raised its holdings in shares of Stabilis Solutions by 12.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 14,310 shares of the company's stock valued at $77,000 after purchasing an additional 1,531 shares during the period. Ancora Advisors LLC bought a new stake in shares of Stabilis Solutions in the 4th quarter valued at about $36,000. Renaissance Technologies LLC bought a new stake in shares of Stabilis Solutions in the 4th quarter valued at about $56,000. Northern Trust Corp grew its stake in Stabilis Solutions by 82.9% in the 4th quarter. Northern Trust Corp now owns 39,879 shares of the company's stock valued at $213,000 after buying an additional 18,077 shares during the last quarter. Finally, Tieton Capital Management LLC grew its stake in Stabilis Solutions by 25.7% in the 4th quarter. Tieton Capital Management LLC now owns 208,051 shares of the company's stock valued at $1,113,000 after buying an additional 42,475 shares during the last quarter. 3.81% of the stock is owned by institutional investors.

Stabilis Solutions Stock Down 4.7%

NASDAQ:SLNG traded down $0.27 on Thursday, hitting $5.38. 1,826 shares of the company's stock were exchanged, compared to its average volume of 14,733. The firm has a 50-day moving average price of $5.14 and a 200-day moving average price of $5.64. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.24 and a quick ratio of 1.22. Stabilis Solutions has a 52 week low of $3.71 and a 52 week high of $8.28. The company has a market cap of $99.95 million, a P/E ratio of 25.60 and a beta of 0.22.

Stabilis Solutions (NASDAQ:SLNG - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.11). The business had revenue of $17.34 million for the quarter, compared to the consensus estimate of $19.30 million. Stabilis Solutions had a return on equity of 6.16% and a net margin of 5.29%.

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.