Aristides Capital LLC Invests $411,000 in Standard Lithium Ltd. (NYSE:SLI)

Aristides Capital LLC acquired a new stake in shares of Standard Lithium Ltd. (NYSE:SLI) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 328,935 shares of the company’s stock, valued at approximately $411,000. Aristides Capital LLC owned approximately 0.19% of Standard Lithium at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SLI. Tidal Investments LLC bought a new position in Standard Lithium in the 1st quarter valued at $363,000. Van ECK Associates Corp raised its position in shares of Standard Lithium by 11.8% in the second quarter. Van ECK Associates Corp now owns 3,011,876 shares of the company’s stock worth $3,765,000 after buying an additional 317,736 shares in the last quarter. Legacy Capital Wealth Partners LLC bought a new stake in Standard Lithium during the second quarter valued at $74,000. Renaissance Technologies LLC grew its position in Standard Lithium by 765.9% during the second quarter. Renaissance Technologies LLC now owns 286,609 shares of the company’s stock worth $358,000 after buying an additional 253,509 shares in the last quarter. Finally, XTX Topco Ltd bought a new position in Standard Lithium in the 2nd quarter worth about $78,000. Institutional investors own 16.77% of the company’s stock.

Standard Lithium Trading Down 1.2 %

NYSE:SLI opened at $1.61 on Tuesday. The stock has a market cap of $278.13 million, a PE ratio of -7.00 and a beta of 1.86. The firm has a 50-day simple moving average of $1.28. Standard Lithium Ltd. has a twelve month low of $1.05 and a twelve month high of $3.59.

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.