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 the month of 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. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,300 shares, the days-to-cover ratio is currently 0.3 days.

Tate & Lyle Trading Down 0.6 %

Shares of OTCMKTS:TATYY opened at $29.71 on Friday. The company's fifty day moving average is $27.45 and its 200-day moving average is $32.69. 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 52 week low of $24.61 and a 52 week high of $44.76.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on TATYY shares. Berenberg Bank lowered shares of Tate & Lyle from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 19th. Barclays upgraded Tate & Lyle from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 22nd.

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.

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