Symrise AG (OTCMKTS:SYIEY) Sees Significant Drop in Short Interest

Symrise AG (OTCMKTS:SYIEY) was the target of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 100 shares, a decrease of 97.7% from the January 31st total of 4,400 shares. Based on an average daily volume of 181,900 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Barclays raised shares of Symrise to a “hold” rating in a research note on Monday, November 18th.

Symrise Price Performance

Shares of SYIEY traded up $0.03 during trading hours on Thursday, hitting $25.70. 53,656 shares of the stock were exchanged, compared to its average volume of 110,583. Symrise has a fifty-two week low of $24.54 and a fifty-two week high of $34.58. The company has a current ratio of 2.97, a quick ratio of 1.64 and a debt-to-equity ratio of 0.61. The business has a 50-day moving average of $25.73 and a 200-day moving average of $28.95.

About Symrise

Symrise AG supplies fragrances, flavorings, cosmetic active ingredients and raw materials, and functional ingredients in Europe, Africa, the Middle East, North America, the Asia Pacific, and Latin America. It operates through two segments, Taste, Nutrition & Health; and Scent & Care. The Taste, Nutrition & Health segment provides functional ingredients and product solutions used in the production of food and beverages; savory flavors; natural and sustainable ingredients for food and beverage manufacturers, baby food, and dietary supplements; product solutions and services for pet food manufacturers; sustainable ingredients and services for fish feed manufacturers to develop solutions for fish and shrimp farms; and probiotics for food supplements and functional foods.