Virtu Financial LLC acquired a new stake in shares of Standard Lithium Ltd. (NYSE:SLI – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 94,939 shares of the company’s stock, valued at approximately $139,000.
A number of other hedge funds have also recently bought and sold shares of SLI. Gainplan LLC raised its holdings in 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. Simmons Bank increased its stake in Standard Lithium by 17.7% in the fourth 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. XTX Topco Ltd lifted its position in Standard Lithium by 18.0% during the third quarter. XTX Topco Ltd now owns 73,429 shares of the company’s stock worth $118,000 after buying an additional 11,177 shares during the period. U.S. Capital Wealth Advisors LLC purchased a new position in Standard Lithium during the fourth quarter worth about $29,000. Finally, Mustard Seed Financial LLC boosted its stake in Standard Lithium by 33.2% in the 4th quarter. Mustard Seed Financial LLC now owns 88,428 shares of the company’s stock worth $129,000 after buying an additional 22,062 shares during the last quarter. Institutional investors and hedge funds own 16.77% of the company’s stock.
Standard Lithium Price Performance
NYSE SLI opened at $1.29 on Monday. The company has a market cap of $250.18 million, a P/E 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. The company has a 50-day moving average of $1.42 and a 200-day moving average of $1.63.
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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