Short Interest in Tate & Lyle plc (OTCMKTS:TATYY) Declines By 66.7%

Tate & Lyle plc (OTCMKTS:TATYY) was the target of a large decline in short interest in December. As of December 15th, there was short interest totalling 100 shares, a decline of 66.7% from the November 30th total of 300 shares. Based on an average trading volume of 2,000 shares, the days-to-cover ratio is presently 0.1 days.

Tate & Lyle Price Performance

Tate & Lyle stock traded down $0.25 during midday trading on Friday, reaching $32.84. The stock had a trading volume of 5,247 shares, compared to its average volume of 2,837. The company has a quick ratio of 2.17, a current ratio of 3.22 and a debt-to-equity ratio of 0.46. Tate & Lyle has a 1-year low of $30.14 and a 1-year high of $44.76. The firm’s fifty day simple moving average is $37.53 and its 200-day simple moving average is $35.51.

Tate & Lyle Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, January 9th. Stockholders of record on Friday, November 22nd will be paid a dividend of $0.3325 per share. The ex-dividend date of this dividend is Friday, November 22nd.

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.