Symrise AG (OTCMKTS:SYIEY) Sees Large Decrease in Short Interest

Symrise AG (OTCMKTS:SYIEY) was the recipient of a large decline in short interest in November. As of November 15th, there was short interest totalling 200 shares, a decline of 66.7% from the October 31st total of 600 shares. Based on an average trading volume of 126,400 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

SYIEY has been the subject of several research reports. Barclays raised shares of Symrise to a “hold” rating in a research note on Monday, November 18th. Citigroup raised shares of Symrise to a “hold” rating in a research report on Tuesday, October 15th.

Symrise Price Performance

SYIEY traded up $0.38 on Wednesday, hitting $27.61. 56,128 shares of the company were exchanged, compared to its average volume of 51,712. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.64 and a current ratio of 2.97. The stock’s fifty day moving average is $30.95 and its 200-day moving average is $30.79. Symrise has a 12 month low of $24.92 and a 12 month high of $34.58.

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.