Standard Lithium Ltd. (NYSEAMERICAN:SLI) Short Interest Up 14.9% in January

Standard Lithium Ltd. (NYSEAMERICAN:SLI) was the target of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 4,630,000 shares, a growth of 14.9% from the January 15th total of 4,030,000 shares. Based on an average trading volume of 1,420,000 shares, the days-to-cover ratio is currently 3.3 days. Approximately 2.7% of the company’s shares are short sold.

Standard Lithium Stock Down 2.6 %

Shares of SLI traded down $0.04 during midday trading on Monday, reaching $1.50. The company had a trading volume of 894,341 shares, compared to its average volume of 1,244,761. Standard Lithium has a 1-year low of $1.05 and a 1-year high of $2.64. The company has a market capitalization of $259.13 million, a PE ratio of -6.82 and a beta of 1.81.

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.