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

Tate & Lyle PLC (OTCMKTS:TATYY) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 5 shares, a decline of 97.3% from the June 30th total of 187 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 1,920 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

A number of research firms have recently issued reports on TATYY. Deutsche Bank Aktiengesellschaft cut Tate & Lyle from a “buy” rating to a “hold” rating in a research report on Friday, June 26th. BNP Paribas Exane cut Tate & Lyle to a “neutral” rating in a research note on Tuesday, June 9th. Four research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce”.

Tate & Lyle Stock Performance

TATYY stock opened at $30.13 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.71 and a quick ratio of 1.55. Tate & Lyle has a 12 month low of $17.64 and a 12 month high of $30.50. The firm has a 50-day moving average price of $29.08 and a 200-day moving average price of $23.25.

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.