Simmons Bank Raises Stock Position in Standard Lithium Ltd. (NYSE:SLI)

Simmons Bank increased its holdings in shares of Standard Lithium Ltd. (NYSE:SLI) by 29.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 56,476 shares of the company’s stock after purchasing an additional 12,840 shares during the period. Simmons Bank’s holdings in Standard Lithium were worth $91,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Aristides Capital LLC bought a new position in Standard Lithium in the second quarter worth about $411,000. Renaissance Technologies LLC raised its stake in shares of Standard Lithium by 765.9% during the 2nd quarter. Renaissance Technologies LLC now owns 286,609 shares of the company’s stock worth $358,000 after acquiring an additional 253,509 shares in the last quarter. Tidal Investments LLC acquired a new stake in Standard Lithium in the first quarter valued at approximately $363,000. International Assets Investment Management LLC boosted its stake in Standard Lithium by 62.7% in the third quarter. International Assets Investment Management LLC now owns 461,990 shares of the company’s stock valued at $744,000 after acquiring an additional 177,990 shares in the last quarter. Finally, Van ECK Associates Corp grew its holdings in 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 purchasing an additional 317,736 shares during the last quarter. 16.77% of the stock is owned by institutional investors.

Standard Lithium Trading Down 11.1 %

Shares of SLI stock opened at $1.77 on Friday. Standard Lithium Ltd. has a 1-year low of $1.05 and a 1-year high of $2.86. The stock’s fifty day simple moving average is $1.82.

Standard Lithium (NYSE:SLI) last announced its quarterly earnings data on Tuesday, September 24th. The company reported ($0.04) EPS for the quarter, meeting the consensus estimate of ($0.04). On average, equities research analysts forecast that Standard Lithium Ltd. will post -0.05 earnings per share for the current fiscal year.

Standard Lithium Company 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.