Renaissance Technologies LLC Acquires Shares of 660,369 Standard Lithium Ltd. (NYSE:SLI)

Renaissance Technologies LLC acquired a new stake in shares of Standard Lithium Ltd. (NYSE:SLI - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 660,369 shares of the company's stock, valued at approximately $964,000. Renaissance Technologies LLC owned 0.38% of Standard Lithium at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. U.S. Capital Wealth Advisors LLC purchased a new stake in Standard Lithium during the 4th quarter valued at $29,000. Uniting Wealth Partners LLC purchased a new stake in shares of Standard Lithium in the fourth quarter valued at $31,000. Principal Securities Inc. bought a new stake in shares of Standard Lithium in the 4th quarter worth about $37,000. Envestnet Asset Management Inc. purchased a new position in shares of Standard Lithium during the 4th quarter worth about $37,000. Finally, Gainplan LLC grew its holdings in Standard Lithium by 30.9% during the 4th quarter. Gainplan LLC now owns 28,875 shares of the company's stock valued at $42,000 after purchasing an additional 6,815 shares during the last quarter. 16.77% of the stock is owned by institutional investors.

Standard Lithium Stock Performance

NYSE SLI traded up $0.04 during trading on Tuesday, hitting $1.42. The stock had a trading volume of 906,934 shares, compared to its average volume of 1,533,603. The stock has a market capitalization of $275.39 million, a price-to-earnings ratio of 2.41 and a beta of 1.61. The stock has a 50 day simple moving average of $1.33 and a 200 day simple moving average of $1.56. Standard Lithium Ltd. has a one year low of $1.07 and a one year high of $2.64.

Standard Lithium Profile

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.