Mariner LLC Sells 6,500 Shares of Standard Lithium Ltd. (NYSE:SLI)

Mariner LLC lessened its position in Standard Lithium Ltd. (NYSE:SLI) by 18.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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.

Other large investors have also added to or reduced their stakes in the company. Barclays PLC boosted its holdings in shares of Standard Lithium by 25.5% in the 4th quarter. Barclays PLC now owns 100,710 shares of the company’s stock worth $147,000 after purchasing an additional 20,490 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Standard Lithium in the 4th quarter worth approximately $168,000. Renaissance Technologies LLC purchased a new stake in Standard Lithium in the fourth quarter worth approximately $964,000. Envestnet Asset Management Inc. bought a new position in Standard Lithium during the fourth quarter valued at approximately $37,000. Finally, Uniting Wealth Partners LLC purchased a new position in shares of Standard Lithium during the fourth quarter worth approximately $31,000. Hedge funds and other institutional investors own 16.77% of the company’s stock.

Standard Lithium Stock Performance

Shares of Standard Lithium stock opened at $1.61 on Friday. Standard Lithium Ltd. has a 52-week low of $1.07 and a 52-week high of $2.64. The company has a fifty day moving average of $1.35 and a 200-day moving average of $1.55. The stock has a market capitalization of $312.24 million, a price-to-earnings ratio of 2.73 and a beta of 1.61.

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.