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

Stabilis Solutions, Inc. (NASDAQ:SLNG) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 19,800 shares, an increase of 45.6% from the December 15th total of 13,600 shares. Based on an average trading volume of 12,300 shares, the short-interest ratio is presently 1.6 days. Currently, 0.9% of the company’s shares are short sold.

Stabilis Solutions Trading Down 4.6 %

NASDAQ SLNG traded down $0.29 during trading hours on Thursday, hitting $6.00. 10,885 shares of the company were exchanged, compared to its average volume of 16,579. Stabilis Solutions has a 52 week low of $3.77 and a 52 week high of $7.15. The company has a quick ratio of 1.22, a current ratio of 1.24 and a debt-to-equity ratio of 0.11. The stock has a 50-day moving average price of $5.43 and a 200 day moving average price of $4.65. The stock has a market cap of $111.48 million, a PE ratio of 28.57 and a beta of 0.82.

Hedge Funds Weigh In On Stabilis Solutions

An institutional investor recently raised its position in Stabilis Solutions stock. Tieton Capital Management LLC boosted its position in shares of Stabilis Solutions, Inc. (NASDAQ:SLNG) by 2.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 167,925 shares of the company’s stock after buying an additional 3,773 shares during the quarter. Tieton Capital Management LLC owned 0.90% of Stabilis Solutions worth $647,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 3.81% of the company’s stock.

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.