Tate & Lyle PLC (OTCMKTS:TATYY) Short Interest Down 94.8% in May

Tate & Lyle PLC (OTCMKTS:TATYY) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 168 shares, a drop of 94.8% from the April 30th total of 3,259 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 6,400 shares, the days-to-cover ratio is currently 0.0 days.

Tate & Lyle Trading Down 1.6%

TATYY traded down $0.45 during midday trading on Wednesday, reaching $26.95. The company’s stock had a trading volume of 422 shares, compared to its average volume of 2,290. Tate & Lyle has a twelve month low of $17.64 and a twelve month high of $31.60. The company has a fifty day simple moving average of $20.88 and a 200 day simple moving average of $20.49. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.24 and a current ratio of 2.19.

About Tate & Lyle

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.