Tate & Lyle plc (OTCMKTS:TATYY) Short Interest Down 37.5% in March

Tate & Lyle plc (OTCMKTS:TATYY - Get Free Report) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 1,000 shares, a decrease of 37.5% from the February 28th total of 1,600 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is presently 0.6 days.

Tate & Lyle Trading Up 0.1 %

OTCMKTS TATYY traded up $0.03 during trading on Wednesday, reaching $27.08. The company's stock had a trading volume of 2,142 shares, compared to its average volume of 3,478. The firm has a fifty day moving average of $29.36 and a 200 day moving average of $33.88. Tate & Lyle has a one year low of $26.25 and a one year high of $44.76. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.38 and a quick ratio of 2.46.

Analysts Set New Price Targets

Separately, Berenberg Bank lowered shares of Tate & Lyle from a "strong-buy" rating to a "hold" rating in a research 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.