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

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

Symrise Trading Up 0.1 %

OTCMKTS SYIEY traded up $0.03 during trading on Thursday, hitting $25.70. The company had a trading volume of 53,656 shares, compared to its average volume of 110,583. The company has a quick ratio of 1.64, a current ratio of 2.97 and a debt-to-equity ratio of 0.61. Symrise has a one year low of $24.54 and a one year high of $34.58. The company’s fifty day moving average is $25.73 and its 200-day moving average is $28.95.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded shares of Symrise to a “hold” rating in a report on Monday, November 18th.

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.