Is Buying TATE &amp LYLE PLC 25 P ORD ORDINARY SH (OTCMKTS:TATYF) Here Good Idea?

July 13, 2018 - By Joseph Norton

Tate & Lyle plc (OTCMKTS:TATYF) Logo

The stock of TATE &amp LYLE PLC 25 P ORD ORDINARY SH (OTCMKTS:TATYF) registered a decrease of 79.33% in short interest. TATYF’s total short interest was 63,500 shares in July as published by FINRA. Its down 79.33% from 307,200 shares, reported previously. With 27,000 shares average volume, it will take short sellers 2 days to cover their TATYF’s short positions. The short interest to TATE &amp LYLE PLC 25 P ORD ORDINARY SH’s float is 0.01%.

It closed at $8.3508 lastly. It is down 0.00% since July 13, 2017 and is . It has underperformed by 12.57% the S&P500.

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. The company has market cap of $4.16 billion. It operates through two divisions, Speciality Food Ingredients and Bulk Ingredients. It has a 11.18 P/E ratio. The firm offers texturants, including corn starches, clean-label starches, and stabilizer systems; sweeteners, such as high intensity sweeteners and specialty sweeteners; and health and wellness ingredients comprising dietary fibers and oat proteins.

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