Tate & Lyle plc (OTCMKTS:TATYY) Short Interest Update

Tate & Lyle plc (OTCMKTS:TATYY) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 700 shares, a growth of 600.0% from the December 31st total of 100 shares. Based on an average trading volume of 6,600 shares, the days-to-cover ratio is presently 0.1 days.

Tate & Lyle Stock Up 2.5 %

Shares of OTCMKTS:TATYY traded up $0.82 during mid-day trading on Thursday, hitting $33.48. The stock had a trading volume of 1,390 shares, compared to its average volume of 5,346. The company’s 50 day moving average is $34.05 and its 200-day moving average is $35.49. Tate & Lyle has a 12-month low of $30.03 and a 12-month high of $44.76. The company has a quick ratio of 2.46, a current ratio of 3.38 and a debt-to-equity ratio of 0.45.

Tate & Lyle Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, January 9th. Stockholders of record on Friday, November 22nd were issued a $0.3325 dividend. The ex-dividend date was Friday, November 22nd.

Tate & Lyle Company Profile

Tate & Lyle PLC, together with its subsidiaries, provides ingredients and solutions to the food, beverage, and other industries in the United States, the United Kingdom, other European countries, and internationally. It operates through three segments: Food & Beverage Solutions, Sucralose, and Primary Products.