Hartree Partners 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 Form 13F filing with the Securities & Exchange Commission. The firm bought 50,000 shares of the company’s stock, valued at approximately $73,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. U.S. Capital Wealth Advisors LLC purchased a new position in Standard Lithium in the fourth quarter worth $29,000. Principal Securities Inc. purchased a new position in shares of Standard Lithium during the fourth quarter worth approximately $37,000. Gainplan LLC lifted its stake in shares of Standard Lithium by 30.9% in the 4th quarter. Gainplan LLC now owns 28,875 shares of the company’s stock valued at $42,000 after acquiring an additional 6,815 shares during the last quarter. Meriwether Wealth & Planning LLC bought a new stake in Standard Lithium during the 4th quarter valued at $47,000. Finally, Simmons Bank boosted its holdings in shares of Standard Lithium by 17.7% during the fourth quarter. Simmons Bank now owns 66,476 shares of the company’s stock worth $97,000 after purchasing an additional 10,000 shares during the period. 16.77% of the stock is currently owned by institutional investors.
Standard Lithium Trading Down 5.1 %
NYSE:SLI opened at $1.29 on Friday. The company has a 50-day moving average price of $1.42 and a 200-day moving average price of $1.63. The stock has a market cap of $250.18 million, a price-to-earnings ratio of 2.19 and a beta of 1.70. Standard Lithium Ltd. has a 12 month low of $1.05 and a 12 month high of $2.64.
About Standard Lithium
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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