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

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. Based on an average daily trading volume, of 1,420,000 shares, the short-interest ratio is currently 3.3 days. Currently, 2.7% of the shares of the company are sold short.

Standard Lithium Trading Down 2.6 %

Standard Lithium stock traded down $0.04 during mid-day trading on Monday, hitting $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 12-month low of $1.05 and a 12-month high of $2.64. The firm has a market cap 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.