Lighthouse Investment Partners LLC bought a new stake in Standard Lithium Ltd. (NYSE:SLI - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 200,000 shares of the company's stock, valued at approximately $292,000. Lighthouse Investment Partners LLC owned 0.12% of Standard Lithium as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Mustard Seed Financial LLC raised its stake in shares of Standard Lithium by 33.2% in the 4th quarter. Mustard Seed Financial LLC now owns 88,428 shares of the company's stock valued at $129,000 after acquiring an additional 22,062 shares during the period. U.S. Capital Wealth Advisors LLC acquired a new position in shares of Standard Lithium during the fourth quarter worth about $29,000. Principal Securities Inc. purchased a new stake in shares of Standard Lithium during the fourth quarter worth approximately $37,000. Simmons Bank increased its position in shares of Standard Lithium by 17.7% in the 4th quarter. Simmons Bank now owns 66,476 shares of the company's stock valued at $97,000 after purchasing an additional 10,000 shares during the last quarter. Finally, U S Global Investors Inc. acquired a new stake in Standard Lithium in the fourth quarter valued at $110,000. Hedge funds and other institutional investors own 16.77% of the company's stock.
Standard Lithium Stock Performance
NYSE SLI traded up $0.03 during trading on Wednesday, reaching $1.67. 416,013 shares of the company's stock were exchanged, compared to its average volume of 1,494,281. The company has a 50 day moving average price of $1.39 and a two-hundred day moving average price of $1.52. The stock has a market cap of $322.91 million, a P/E ratio of 2.82 and a beta of 1.61. Standard Lithium Ltd. has a 1 year low of $1.07 and a 1 year high of $2.64.
Standard Lithium Company 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.
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