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

Tate & Lyle plc (OTCMKTS:TATYY - Get Free Report) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 600 shares, a growth of 200.0% from the March 31st total of 200 shares. Based on an average daily volume of 2,300 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

TATYY has been the topic of a number of recent research reports. Barclays raised Tate & Lyle from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 22nd. Berenberg Bank lowered Tate & Lyle from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 19th.

Tate & Lyle Trading Up 1.3 %

Shares of OTCMKTS:TATYY traded up $0.39 during trading on Wednesday, reaching $30.60. The stock had a trading volume of 6,070 shares, compared to its average volume of 3,997. Tate & Lyle has a fifty-two week low of $24.61 and a fifty-two week high of $44.76. The business has a fifty day moving average price of $27.57 and a 200-day moving average price of $32.59. 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 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.