Tudor Investment Corp ET AL Takes $1.82 Million Position in Standard Lithium Ltd. $SLI

Tudor Investment Corp ET AL bought a new position in shares of Standard Lithium Ltd. (NYSEAMERICAN:SLI) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 538,792 shares of the company’s stock, valued at approximately $1,816,000. Tudor Investment Corp ET AL owned 0.23% of Standard Lithium at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in SLI. Invesco Ltd. increased its stake in shares of Standard Lithium by 15.2% during the 3rd quarter. Invesco Ltd. now owns 2,517,414 shares of the company’s stock valued at $8,484,000 after acquiring an additional 331,995 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Standard Lithium by 2.1% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,641,489 shares of the company’s stock worth $5,636,000 after acquiring an additional 33,540 shares during the period. Stanley Laman Group Ltd. acquired a new stake in shares of Standard Lithium in the third quarter worth approximately $2,909,000. Alps Advisors Inc. boosted its position in shares of Standard Lithium by 22.3% in the third quarter. Alps Advisors Inc. now owns 548,583 shares of the company’s stock worth $1,849,000 after acquiring an additional 100,031 shares during the last quarter. Finally, Jane Street Group LLC grew its holdings in Standard Lithium by 285.5% in the second quarter. Jane Street Group LLC now owns 349,477 shares of the company’s stock valued at $685,000 after purchasing an additional 258,814 shares during the period. 16.70% of the stock is owned by institutional investors and hedge funds.

Standard Lithium Trading Up 0.6%

Shares of Standard Lithium stock opened at $3.52 on Friday. The business’s fifty day moving average price is $4.39 and its 200 day moving average price is $4.25. Standard Lithium Ltd. has a twelve month low of $1.08 and a twelve month high of $6.40. The stock has a market capitalization of $853.99 million, a P/E ratio of -16.00 and a beta of 1.71.

Analyst Ratings Changes

Separately, BMO Capital Markets reaffirmed an “outperform” rating on shares of Standard Lithium in a research report on Wednesday, January 28th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $5.25.

Standard Lithium Company Profile

Standard Lithium (NYSEAMERICAN: SLI) is a mineral exploration and development company focused on the extraction of lithium from sedimentary brine resources. Utilizing direct lithium extraction (DLE) processes, the company aims to deliver high-purity lithium carbonate and lithium hydroxide suitable for the battery and electric vehicle markets. Standard Lithium’s technology is designed to accelerate lithium recovery rates while minimizing environmental impact compared to traditional solar evaporation methods.

The company’s flagship project is located in the Smackover Formation of southern Arkansas, in collaboration with chemical producer LANXESS.