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

Tate & Lyle plc (OTCMKTS:TATYY) was the recipient of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 300 shares, a drop of 96.9% from the November 15th total of 9,600 shares. Based on an average daily volume of 4,500 shares, the short-interest ratio is currently 0.1 days.

Tate & Lyle Stock Up 0.5 %

TATYY stock traded up $0.18 during trading on Wednesday, hitting $36.27. 1,265 shares of the stock traded hands, compared to its average volume of 2,872. Tate & Lyle has a one year low of $30.14 and a one year high of $44.76. The company has a 50 day simple moving average of $38.36 and a 200 day simple moving average of $35.55. The company has a current ratio of 3.22, a quick ratio of 2.17 and a debt-to-equity ratio of 0.46.

Tate & Lyle Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, January 9th. Investors of record on Friday, November 22nd will be issued a dividend of $0.3325 per share. The ex-dividend date is Friday, November 22nd.

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.