Stabilis Solutions, Inc. (NASDAQ:SLNG) Short Interest Up 45.6% in December

Stabilis Solutions, Inc. (NASDAQ:SLNG) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 19,800 shares, a growth of 45.6% from the December 15th total of 13,600 shares. Based on an average daily volume of 12,300 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.9% of the shares of the stock are sold short.

Hedge Funds Weigh In On Stabilis Solutions

An institutional investor recently raised its position in Stabilis Solutions stock. Tieton Capital Management LLC lifted its holdings in Stabilis Solutions, Inc. (NASDAQ:SLNG) by 2.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 167,925 shares of the company’s stock after purchasing an additional 3,773 shares during the quarter. Tieton Capital Management LLC owned 0.90% of Stabilis Solutions worth $647,000 at the end of the most recent quarter. Institutional investors and hedge funds own 3.81% of the company’s stock.

Stabilis Solutions Price Performance

SLNG traded down $0.29 on Thursday, hitting $6.00. 10,885 shares of the company’s stock traded hands, compared to its average volume of 16,579. The company’s 50 day simple moving average is $5.43 and its 200-day simple moving average is $4.65. The company has a current ratio of 1.24, a quick ratio of 1.22 and a debt-to-equity ratio of 0.11. Stabilis Solutions has a one year low of $3.77 and a one year high of $7.15. The firm has a market cap of $111.48 million, a price-to-earnings ratio of 28.57 and a beta of 0.82.

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.