Standard Lithium Ltd. (NYSEAMERICAN:SLI) Sees Large Increase in Short Interest

Standard Lithium Ltd. (NYSEAMERICAN:SLI - Get Free Report) saw a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 4,630,000 shares, an increase of 14.9% from the January 15th total of 4,030,000 shares. Currently, 2.7% of the company's shares are sold short. Based on an average trading volume of 1,420,000 shares, the days-to-cover ratio is presently 3.3 days.

Standard Lithium Trading Down 2.0 %

Shares of NYSEAMERICAN SLI traded down $0.03 during trading on Thursday, reaching $1.45. The stock had a trading volume of 1,126,258 shares, compared to its average volume of 1,226,123. Standard Lithium has a fifty-two week low of $1.05 and a fifty-two week high of $2.64. The stock has a market capitalization of $250.49 million, a PE ratio of -6.59 and a beta of 1.81.

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.