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

Tate & Lyle PLC (OTCMKTS:TATYY) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 105 shares, a decline of 41.7% from the July 30th total of 180 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 822 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

A number of brokerages recently commented on TATYY. Deutsche Bank Aktiengesellschaft cut shares of Tate & Lyle from a “buy” rating to a “hold” rating in a research note on Friday, June 26th. BNP Paribas Exane downgraded shares of Tate & Lyle to a “neutral” rating in a report on Tuesday, June 9th. Four research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

Tate & Lyle Stock Performance

Tate & Lyle stock remained flat at $30.02 during mid-day trading on Monday. The company’s stock had a trading volume of 332 shares, compared to its average volume of 269. Tate & Lyle has a one year low of $17.64 and a one year high of $30.50. The firm has a 50-day moving average price of $29.83 and a 200 day moving average price of $24.93. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.55 and a current ratio of 2.71.

Tate & Lyle Company Profile

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.