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

Tate & Lyle plc (OTCMKTS:TATYY) saw a large 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 volume of 3,900 shares, the short-interest ratio is currently 0.1 days.

Tate & Lyle Stock Performance

OTCMKTS:TATYY opened at $38.32 on Friday. Tate & Lyle has a 12-month low of $30.14 and a 12-month high of $44.76. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.22 and a quick ratio of 2.17. The stock’s 50 day simple moving average is $37.91 and its 200-day simple moving average is $35.12.

Tate & Lyle Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, January 9th. Shareholders of record on Friday, November 22nd will be paid a $0.3325 dividend. 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.