Symrise AG (OTCMKTS:SYIEY) Short Interest Update

Symrise AG (OTCMKTS:SYIEY) was the recipient of a large decrease in short interest in October. As of October 31st, there was short interest totalling 600 shares, a decrease of 68.4% from the October 15th total of 1,900 shares. Based on an average daily volume of 77,300 shares, the days-to-cover ratio is presently 0.0 days.

Symrise Stock Performance

Shares of OTCMKTS:SYIEY traded down $0.64 during trading on Wednesday, hitting $28.13. The stock had a trading volume of 52,629 shares, compared to its average volume of 41,616. Symrise has a 12 month low of $24.92 and a 12 month high of $34.58. The firm’s fifty day moving average is $32.14 and its 200 day moving average is $30.78. The company has a quick ratio of 1.64, a current ratio of 2.97 and a debt-to-equity ratio of 0.61.

Analyst Upgrades and Downgrades

Separately, Citigroup upgraded Symrise to a “hold” rating in a report on Tuesday, October 15th.

Symrise Company Profile

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.