Standard Lithium Ltd. (NYSE:SLI) Shares Acquired by Simmons Bank

Simmons Bank increased its holdings in Standard Lithium Ltd. (NYSE:SLI) by 29.4% in the 3rd quarter, HoldingsChannel reports. The fund owned 56,476 shares of the company’s stock after purchasing an additional 12,840 shares during the quarter. Simmons Bank’s holdings in Standard Lithium were worth $91,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SLI. Stephens Inc. AR increased its position in shares of Standard Lithium by 3.6% during the third quarter. Stephens Inc. AR now owns 307,524 shares of the company’s stock valued at $495,000 after acquiring an additional 10,635 shares during the last quarter. MBA Advisors LLC acquired a new stake in Standard Lithium in the 3rd quarter valued at approximately $37,000. Legacy Capital Wealth Partners LLC purchased a new stake in Standard Lithium in the second quarter valued at approximately $74,000. XTX Topco Ltd acquired a new position in Standard Lithium during the second quarter worth $78,000. Finally, International Assets Investment Management LLC boosted its position in shares of Standard Lithium by 62.7% during the third quarter. International Assets Investment Management LLC now owns 461,990 shares of the company’s stock worth $744,000 after buying an additional 177,990 shares during the period. 16.77% of the stock is currently owned by hedge funds and other institutional investors.

Standard Lithium Trading Down 11.1 %

SLI stock opened at $1.77 on Friday. The company has a fifty day moving average price of $1.82. Standard Lithium Ltd. has a 12-month low of $1.05 and a 12-month high of $2.86.

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

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.