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

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

Analyst Upgrades and Downgrades

Separately, Berenberg Bank downgraded Tate & Lyle from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 19th.

Tate & Lyle Price Performance

TATYY stock traded up $0.31 during trading on Monday, hitting $27.31. 333 shares of the company’s stock traded hands, compared to its average volume of 3,565. The business has a fifty day simple moving average of $29.57 and a 200 day simple moving average of $34.00. Tate & Lyle has a 52 week low of $26.25 and a 52 week 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.

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.