Tate & Lyle plc (OTCMKTS:TATYY – Get Free Report) saw a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 4,600 shares, an increase of 1,433.3% from the July 31st total of 300 shares. Based on an average trading volume of 2,400 shares, the short-interest ratio is currently 1.9 days.
Tate & Lyle Price Performance
OTCMKTS TATYY remained flat at $35.50 during mid-day trading on Wednesday. 1,853 shares of the company were exchanged, compared to its average volume of 2,898. Tate & Lyle has a 52 week low of $29.92 and a 52 week high of $36.38. The business’s 50-day moving average price is $32.90 and its two-hundred day moving average price is $32.49.
Tate & Lyle Increases Dividend
The company also recently disclosed a dividend, which was paid on Wednesday, August 7th. Investors of record on Friday, June 21st were issued a $0.6051 dividend. This is a positive change from Tate & Lyle’s previous dividend of $0.27. The ex-dividend date was Friday, June 21st.
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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