Tate & Lyle plc (OTCMKTS:TATYY) Sees Significant Drop in Short Interest

Tate & Lyle plc (OTCMKTS:TATYYGet Free Report) was the target of a large drop in short interest in July. As of July 31st, there was short interest totalling 300 shares, a drop of 84.2% from the July 15th total of 1,900 shares. Based on an average trading volume of 19,400 shares, the days-to-cover ratio is currently 0.0 days.

Tate & Lyle Stock Performance

Shares of TATYY remained flat at $32.31 during midday trading on Monday. The stock had a trading volume of 70 shares, compared to its average volume of 2,750. Tate & Lyle has a 12-month low of $29.92 and a 12-month high of $37.15. The company’s 50-day moving average is $32.97 and its two-hundred day moving average is $32.25.

Tate & Lyle Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, August 7th. Shareholders of record on Friday, June 21st were paid a dividend of $0.6051 per share. This is a boost from Tate & Lyle’s previous dividend of $0.27. The ex-dividend date of this dividend was Friday, June 21st.

Tate & Lyle Company Profile

(Get Free Report)

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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