Tate & Lyle plc (OTCMKTS:TATYY) Sees Significant Decline in Short Interest

Tate & Lyle plc (OTCMKTS:TATYY) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 100 shares, a drop of 66.7% from the November 30th total of 300 shares. Based on an average daily trading volume, of 2,000 shares, the short-interest ratio is currently 0.1 days.

Tate & Lyle Trading Down 0.8 %

TATYY traded down $0.25 during midday trading on Friday, reaching $32.84. 5,247 shares of the company’s stock were exchanged, compared to its average volume of 2,837. Tate & Lyle has a one year low of $30.14 and a one year high of $44.76. The company has a quick ratio of 2.17, a current ratio of 3.22 and a debt-to-equity ratio of 0.46. The business has a 50-day simple moving average of $37.53 and a two-hundred day simple moving average of $35.51.

Tate & Lyle Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, January 9th. Investors of record on Friday, November 22nd will be given a dividend of $0.3325 per share. The ex-dividend date of this dividend is 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.