Mariner LLC trimmed its position in Standard Lithium Ltd. (NYSE:SLI – Free Report) by 18.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,367 shares of the company’s stock after selling 6,500 shares during the quarter. Mariner LLC’s holdings in Standard Lithium were worth $41,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SLI. U.S. Capital Wealth Advisors LLC purchased a new position in shares of Standard Lithium in the fourth quarter valued at about $29,000. Uniting Wealth Partners LLC purchased a new position in Standard Lithium during the 4th quarter valued at about $31,000. Principal Securities Inc. bought a new position in Standard Lithium during the 4th quarter valued at approximately $37,000. Envestnet Asset Management Inc. bought a new position in Standard Lithium during the 4th quarter valued at approximately $37,000. Finally, Gainplan LLC lifted its holdings in Standard Lithium by 30.9% in the 4th quarter. Gainplan LLC now owns 28,875 shares of the company’s stock worth $42,000 after buying an additional 6,815 shares during the period. 16.77% of the stock is currently owned by institutional investors.
Standard Lithium Stock Performance
SLI opened at $1.61 on Friday. The stock has a market capitalization of $312.24 million, a PE ratio of 2.73 and a beta of 1.61. The stock’s 50 day moving average price is $1.35 and its 200-day moving average price is $1.55. Standard Lithium Ltd. has a 52-week low of $1.07 and a 52-week 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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