Stabilis Solutions, Inc. (NASDAQ:SLNG) Short Interest Down 41.7% in December

Stabilis Solutions, Inc. (NASDAQ:SLNG) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 1,521 shares, a decline of 41.7% from the December 15th total of 2,610 shares. Based on an average daily trading volume, of 7,227 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 7,227 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Ratings Changes

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SLNG. Sequoia Financial Advisors LLC purchased a new position in Stabilis Solutions during the second quarter valued at $83,000. Dimensional Fund Advisors LP grew its stake in shares of Stabilis Solutions by 13.5% in the third quarter. Dimensional Fund Advisors LP now owns 18,523 shares of the company’s stock worth $81,000 after acquiring an additional 2,207 shares during the last quarter. Citadel Advisors LLC increased 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 valued at $83,000 after acquiring an additional 5,238 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of Stabilis Solutions by 22.9% in the 3rd quarter. Russell Investments Group Ltd. now owns 57,034 shares of the company’s stock worth $249,000 after purchasing an additional 10,643 shares during the last quarter. Finally, Ancora Advisors LLC boosted its stake in Stabilis Solutions by 32.3% in 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. Institutional investors own 3.81% of the company’s stock.

Stabilis Solutions Stock Performance

Shares of SLNG stock opened at $4.69 on Thursday. 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 company’s fifty day moving average price is $4.67 and its 200-day moving average price is $4.58. The stock has a market cap of $87.22 million, a PE ratio of 93.82 and a beta of -0.04. Stabilis Solutions has a 12 month low of $3.29 and a 12 month high of $8.28.

Stabilis Solutions (NASDAQ:SLNG) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.01 by $0.05. The business had revenue of $20.33 million for the quarter, compared to analyst estimates of $17.30 million. Stabilis Solutions had a net margin of 1.40% and a return on equity of 1.53%.

Stabilis Solutions Company Profile

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.