Short Interest in Tate & Lyle plc (OTCMKTS:TATYY) Increases By 600.0%

Tate & Lyle plc (OTCMKTS:TATYY) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 700 shares, an increase 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 currently 0.1 days.

Tate & Lyle Trading Up 2.5 %

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

Tate & Lyle Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, January 9th. Investors of record on Friday, November 22nd were paid 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.