Stabilis Solutions, Inc. (NASDAQ:SLNG) Short Interest Up 296.4% in October

Stabilis Solutions, Inc. (NASDAQ:SLNG) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 11,100 shares, an increase of 296.4% from the September 30th total of 2,800 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,600 shares, the short-interest ratio is presently 1.7 days.

Stabilis Solutions Price Performance

NASDAQ SLNG traded up $0.08 on Friday, reaching $4.68. The company had a trading volume of 7,426 shares, compared to its average volume of 5,158. The stock has a market capitalization of $86.88 million, a PE ratio of 155.83 and a beta of 0.75. Stabilis Solutions has a 12 month low of $3.77 and a 12 month high of $5.29. The company has a quick ratio of 1.63, a current ratio of 1.64 and a debt-to-equity ratio of 0.12. The firm’s 50 day moving average price is $4.33 and its 200 day moving average price is $4.15.

Institutional Investors Weigh In On Stabilis Solutions

Several large investors have recently made changes to their positions in the company. Tieton Capital Management LLC increased its position in Stabilis Solutions by 2.3% in the second quarter. Tieton Capital Management LLC now owns 167,925 shares of the company’s stock worth $647,000 after purchasing an additional 3,773 shares during the last quarter. Dimensional Fund Advisors LP bought a new stake in shares of Stabilis Solutions in the 2nd quarter worth about $41,000. Finally, Callahan Advisors LLC bought a new position in shares of Stabilis Solutions in the 2nd quarter valued at about $109,000. 3.81% of the stock is owned by institutional investors.

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.