Short Interest in Stabilis Solutions, Inc. (NASDAQ:SLNG) Expands By 45.6%

Stabilis Solutions, Inc. (NASDAQ:SLNG) was the target 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 company’s stock are short sold.

Stabilis Solutions Stock Up 3.2 %

Shares of NASDAQ:SLNG traded up $0.19 during trading on Friday, reaching $6.19. The stock had a trading volume of 2,247 shares, compared to its average volume of 15,253. The firm’s 50-day simple moving average is $5.46 and its 200 day simple moving average is $4.66. 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 company has a market capitalization of $115.01 million, a P/E ratio of 29.48 and a beta of 0.82.

Hedge Funds Weigh In On Stabilis Solutions

A hedge fund recently bought a new stake in Stabilis Solutions stock. Dimensional Fund Advisors LP acquired a new stake in shares of Stabilis Solutions, Inc. (NASDAQ:SLNG) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 10,613 shares of the company’s stock, valued at approximately $41,000. Dimensional Fund Advisors LP owned about 0.06% of Stabilis Solutions as of its most recent filing with the SEC. Institutional investors and hedge funds own 3.81% of the company’s stock.

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.