Tate & Lyle PLC (OTCMKTS:TATYY – Get Free Report) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 168 shares, a decline of 94.8% from the April 30th total of 3,259 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 6,400 shares, the days-to-cover ratio is presently 0.0 days.
Tate & Lyle Price Performance
Tate & Lyle stock opened at $26.95 on Thursday. Tate & Lyle has a 12 month low of $17.64 and a 12 month high of $31.60. The business has a 50 day simple moving average of $20.88 and a 200-day simple moving average of $20.49. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.24 and a current ratio of 2.19.
About Tate & Lyle
Tate & Lyle (OTCMKTS:TATYY) is a global provider of food and beverage ingredients, specializing in sweeteners, texturants and stabilizers. The company develops and supplies a diverse portfolio of products designed to enhance taste, texture and nutritional value for food and beverage manufacturers. Key offerings include high-intensity sweeteners, soluble and insoluble fibers, specialty starches and acidulants.
Operating through two main business units—Food & Beverage Solutions and Primary Products—Tate & Lyle serves a wide range of end markets.
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