Tate & Lyle plc (OTCMKTS:TATYY) Sees Large Increase in Short Interest

Tate & Lyle plc (OTCMKTS:TATYY) was the recipient of a significant growth in short interest during the month of 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 trading volume, of 3,900 shares, the days-to-cover ratio is presently 0.1 days.

Tate & Lyle Stock Down 3.0 %

Tate & Lyle stock opened at $38.32 on Friday. 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 stock’s fifty day moving average is $37.91 and its two-hundred day moving average is $35.12. Tate & Lyle has a 1-year low of $30.14 and a 1-year high of $44.76.

Tate & Lyle Cuts Dividend

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