Tate & Lyle plc (OTCMKTS:TATYY) Short Interest Up 60.0% in February

Tate & Lyle plc (OTCMKTS:TATYY) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 1,600 shares, an increase of 60.0% from the February 13th total of 1,000 shares. Based on an average trading volume of 3,900 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, Berenberg Bank downgraded Tate & Lyle from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 19th.

Tate & Lyle Stock Up 3.7 %

TATYY stock traded up $0.97 during trading on Friday, reaching $27.22. 758 shares of the stock traded hands, compared to its average volume of 3,026. The business’s 50 day moving average price is $30.38 and its 200-day moving average price is $34.58. Tate & Lyle has a 52-week low of $26.25 and a 52-week high of $44.76. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.38 and a quick ratio of 2.46.

Tate & Lyle Company Profile

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.