Short Interest in Stabilis Solutions, Inc. (NASDAQ:SLNG) Increases By 41.7%

Stabilis Solutions, Inc. (NASDAQ:SLNG) saw a large increase in short interest in July. As of July 15th, there was short interest totalling 1,700 shares, an increase of 41.7% from the June 30th total of 1,200 shares. Based on an average daily trading volume, of 3,700 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are sold short.

Stabilis Solutions Price Performance

Shares of Stabilis Solutions stock traded up $0.03 on Friday, hitting $3.95. 1,556 shares of the company were exchanged, compared to its average volume of 3,284. The stock has a market capitalization of $73.39 million, a price-to-earnings ratio of 131.71 and a beta of 0.75. The company has a 50-day moving average price of $4.03 and a 200 day moving average price of $4.13. Stabilis Solutions has a 1-year low of $3.77 and a 1-year high of $6.40. The company has a quick ratio of 1.53, a current ratio of 1.55 and a debt-to-equity ratio of 0.12.

Stabilis Solutions (NASDAQ:SLNG) last issued its earnings results on Tuesday, May 7th. The company reported $0.08 earnings per share for the quarter. Stabilis Solutions had a return on equity of 0.84% and a net margin of 0.77%. The business had revenue of $19.77 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Stabilis Solutions stock. Victory Capital Management Inc. purchased a new position in shares of Stabilis Solutions, Inc. (NASDAQ:SLNG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 22,436 shares of the company’s stock, valued at approximately $93,000. Victory Capital Management Inc. owned approximately 0.12% of Stabilis Solutions as of its most recent SEC filing. 3.81% of the stock is owned by institutional investors and hedge funds.

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.