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

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

Stabilis Solutions Stock Up 2.9%

Stabilis Solutions stock traded up $0.16 during mid-day trading on Wednesday, reaching $5.64. 1,922 shares of the company were exchanged, compared to its average volume of 14,856. Stabilis Solutions has a 12-month low of $3.71 and a 12-month high of $8.28. The business has a fifty day moving average of $5.12 and a 200 day moving average of $5.64. The firm has a market cap of $104.88 million, a P/E ratio of 26.86 and a beta of 0.22. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.22 and a current ratio of 1.24.

Stabilis Solutions (NASDAQ:SLNG - Get Free Report) last released 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). Stabilis Solutions had a net margin of 5.29% and a return on equity of 6.16%. The firm had revenue of $17.34 million for the quarter, compared to analysts' expectations of $19.30 million.

Institutional Investors Weigh In On Stabilis Solutions

Several institutional investors have recently bought and sold shares of the company. Northern Trust Corp increased its position in shares of Stabilis Solutions by 82.9% during the fourth quarter. Northern Trust Corp now owns 39,879 shares of the company's stock worth $213,000 after purchasing an additional 18,077 shares in the last quarter. Renaissance Technologies LLC purchased a new position in Stabilis Solutions during the 4th quarter worth $56,000. Tieton Capital Management LLC increased its position in Stabilis Solutions by 25.7% during 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 in the last quarter. Ancora Advisors LLC acquired a new position in Stabilis Solutions during the 4th quarter valued at about $36,000. Finally, Russell Investments Group Ltd. purchased a new stake in Stabilis Solutions in the first quarter valued at about $225,000. 3.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Maxim Group initiated coverage on shares of Stabilis Solutions in a report on Monday, February 10th. They issued a "buy" rating and a $12.00 price target for the company.

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.