Short Interest in Tate & Lyle plc (OTCMKTS:TATYY) Rises By 25.0%

Tate & Lyle plc (OTCMKTS:TATYY) was the target of a significant growth in short interest in October. As of October 31st, there was short interest totalling 500 shares, a growth of 25.0% from the October 15th total of 400 shares. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is currently 0.1 days.

Tate & Lyle Stock Up 0.5 %

Tate & Lyle stock traded up $0.18 during trading hours on Friday, reaching $38.50. The stock had a trading volume of 5,971 shares, compared to its average volume of 3,319. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.17 and a current ratio of 3.22. The business’s 50 day moving average price is $38.02 and its 200-day moving average price is $35.21. Tate & Lyle has a 52 week low of $30.14 and a 52 week high of $44.76.

Tate & Lyle Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, January 9th. Stockholders of record on Friday, November 22nd will be issued 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.