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

Tate & Lyle plc (OTCMKTS:TATYY - Get Free Report) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totalling 200 shares, a drop of 97.6% from the April 30th total of 8,500 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 2,600 shares, the short-interest ratio is presently 0.1 days.

Tate & Lyle Stock Down 0.7%

OTCMKTS:TATYY traded down $0.20 during mid-day trading on Friday, reaching $30.25. The stock had a trading volume of 435 shares, compared to its average volume of 3,577. The stock has a 50-day simple moving average of $29.10 and a two-hundred day simple moving average of $31.20. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.46 and a current ratio of 3.38. Tate & Lyle has a 12 month low of $24.61 and a 12 month high of $44.76.

Wall Street Analysts Forecast Growth

TATYY has been the subject of several research reports. Barclays upgraded shares of Tate & Lyle from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 22nd. Citigroup raised shares of Tate & Lyle from a "hold" rating to a "strong-buy" rating in a report on Friday, May 16th. Finally, Berenberg Bank cut shares of Tate & Lyle from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 19th.

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.