Tate & Lyle plc (OTCMKTS:TATYY) Short Interest Update

Tate & Lyle plc (OTCMKTS:TATYY - Get Free Report) saw a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 1,100 shares, a growth of 450.0% from the May 15th total of 200 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily volume of 3,200 shares, the short-interest ratio is presently 0.3 days.

Tate & Lyle Stock Down 1.6%

Tate & Lyle stock traded down $0.50 during midday trading on Friday, reaching $29.85. The stock had a trading volume of 15,696 shares, compared to its average volume of 4,151. 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 twelve month low of $24.61 and a twelve month high of $44.76. The stock's 50-day simple moving average is $29.89 and its 200 day simple moving average is $30.66.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Barclays raised Tate & Lyle from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 22nd. Berenberg Bank cut Tate & Lyle from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 19th. Finally, Citigroup upgraded Tate & Lyle from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 16th.

About Tate & Lyle

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.