Concentric Capital Strategies LP bought a new position in shares of Standard Lithium Ltd. (NYSE:SLI - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 515,129 shares of the company's stock, valued at approximately $752,000. Concentric Capital Strategies LP owned 0.30% of Standard Lithium as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Jane Street Group LLC grew its stake in shares of Standard Lithium by 110.3% during the fourth quarter. Jane Street Group LLC now owns 144,338 shares of the company's stock worth $211,000 after purchasing an additional 75,715 shares during the period. Barclays PLC boosted its holdings in Standard Lithium by 25.5% during the fourth quarter. Barclays PLC now owns 100,710 shares of the company's stock worth $147,000 after buying an additional 20,490 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Standard Lithium during the 4th quarter worth about $168,000. Renaissance Technologies LLC bought a new stake in shares of Standard Lithium in the 4th quarter valued at about $964,000. Finally, Envestnet Asset Management Inc. acquired a new stake in shares of Standard Lithium in the 4th quarter valued at approximately $37,000. Institutional investors own 16.77% of the company's stock.
Standard Lithium Stock Performance
Shares of NYSE SLI opened at $1.42 on Thursday. Standard Lithium Ltd. has a 52-week low of $1.07 and a 52-week high of $2.64. The stock has a market cap of $275.39 million, a P/E ratio of 2.41 and a beta of 1.61. The firm has a 50 day moving average price of $1.33 and a 200 day moving average price of $1.56.
Standard Lithium Profile
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Free Report)
Standard Lithium Ltd. explores for, develops, and processes lithium brine properties in the United States. Its flagship project is the Lanxess project with area of approximately 150,000 acres located in southern Arkansas. The company was formerly known as Patriot Petroleum Corp. and changed its name to Standard Lithium Ltd.
Further Reading
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