Standard Lithium Ltd. (NYSE:SLI) Shares Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC boosted its holdings in Standard Lithium Ltd. (NYSE:SLI) by 62.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 461,990 shares of the company’s stock after acquiring an additional 177,990 shares during the period. International Assets Investment Management LLC owned 0.27% of Standard Lithium worth $744,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Legacy Capital Wealth Partners LLC purchased a new stake in Standard Lithium in the second quarter valued at approximately $74,000. XTX Topco Ltd purchased a new stake in shares of Standard Lithium during the second quarter worth $78,000. Renaissance Technologies LLC increased its position in shares of 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 acquiring an additional 253,509 shares during the period. Compagnie Lombard Odier SCmA increased its position in shares of Standard Lithium by 200.0% during the third quarter. Compagnie Lombard Odier SCmA now owns 300,000 shares of the company’s stock worth $490,000 after acquiring an additional 200,000 shares during the period. Finally, Tidal Investments LLC purchased a new stake in shares of Standard Lithium during the first quarter worth $363,000. 16.77% of the stock is currently owned by institutional investors and hedge funds.

Standard Lithium Stock Down 1.7 %

Standard Lithium stock opened at $2.28 on Wednesday. The stock’s fifty day moving average is $1.69. The stock has a market capitalization of $393.87 million, a price-to-earnings ratio of 3.97 and a beta of 1.79. Standard Lithium Ltd. has a twelve month low of $1.05 and a twelve month high of $2.98.

Standard Lithium (NYSE:SLI) last issued its earnings results on Tuesday, September 24th. The company reported ($0.04) EPS for the quarter, hitting analysts’ consensus estimates of ($0.04). On average, equities research analysts expect that Standard Lithium Ltd. will post -0.05 EPS for the current year.

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.