Stabilis Solutions, Inc. (NASDAQ:SLNG) Short Interest Down 18.5% in January

Stabilis Solutions, Inc. (NASDAQ:SLNG) saw a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 18,100 shares, a decline of 18.5% from the January 15th total of 22,200 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average trading volume of 18,700 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of SLNG. Tieton Capital Management LLC grew its stake in shares of Stabilis Solutions by 25.7% during the fourth quarter. Tieton Capital Management LLC now owns 208,051 shares of the company’s stock valued at $1,113,000 after buying an additional 42,475 shares during the last quarter. Renaissance Technologies LLC bought a new position in shares of Stabilis Solutions during the fourth quarter valued at approximately $56,000. Dimensional Fund Advisors LP grew its stake in shares of Stabilis Solutions by 12.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 14,310 shares of the company’s stock valued at $77,000 after buying an additional 1,531 shares during the last quarter. Finally, Northern Trust Corp grew its stake in shares of Stabilis Solutions by 82.9% during the fourth quarter. Northern Trust Corp now owns 39,879 shares of the company’s stock valued at $213,000 after buying an additional 18,077 shares during the last quarter. Institutional investors own 3.81% of the company’s stock.

Analysts Set New Price Targets

Separately, Maxim Group started coverage on Stabilis Solutions in a research note on Monday, February 10th. They set a “buy” rating and a $12.00 price objective on the stock.

Stabilis Solutions Trading Up 1.8 %

Shares of NASDAQ SLNG opened at $7.74 on Monday. The business’s 50 day moving average is $6.32 and its two-hundred day moving average is $5.12. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.24 and a quick ratio of 1.22. Stabilis Solutions has a 1-year low of $3.77 and a 1-year high of $8.28. The stock has a market capitalization of $143.85 million, a P/E ratio of 36.86 and a beta of 0.84.

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.