Standard Lithium Ltd. (NYSEAMERICAN:SLI) Short Interest Update

Standard Lithium Ltd. (NYSEAMERICAN:SLI) was the recipient of 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. Approximately 2.7% of the company’s shares are sold short. Based on an average trading volume of 1,420,000 shares, the short-interest ratio is presently 3.3 days.

Standard Lithium Trading Down 2.6 %

Shares of NYSEAMERICAN:SLI traded down $0.04 during midday trading on Monday, hitting $1.50. 894,341 shares of the stock traded hands, compared to its average volume of 1,244,761. The company has a market cap of $259.13 million, a price-to-earnings ratio of -6.82 and a beta of 1.81. Standard Lithium has a one year low of $1.05 and a one year high of $2.64.

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.