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

Tate & Lyle plc (OTCMKTS:TATYY - Get Free Report) was the recipient of a large growth in short interest in February. As of February 28th, there was short interest totalling 1,600 shares, a growth of 60.0% from the February 13th total of 1,000 shares. Based on an average daily volume of 3,900 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the company's stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank lowered Tate & Lyle from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 19th.

Tate & Lyle Price Performance

OTCMKTS:TATYY remained flat at $28.25 during trading hours on Wednesday. The company's stock had a trading volume of 24 shares, compared to its average volume of 2,970. The company has a current ratio of 3.38, a quick ratio of 2.46 and a debt-to-equity ratio of 0.45. The business's 50 day simple moving average is $30.21 and its 200-day simple moving average is $34.47. Tate & Lyle has a fifty-two week low of $26.25 and a fifty-two week high of $44.76.

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.