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

Symrise AG (OTCMKTS:SYIEY) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 4,600 shares, an increase of 666.7% from the December 31st total of 600 shares. Based on an average daily volume of 243,500 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Citigroup upgraded Symrise to a “hold” rating in a research report on Tuesday, October 15th. Barclays upgraded shares of Symrise to a “hold” rating in a research note on Monday, November 18th.

Symrise Trading Down 1.9 %

Symrise stock traded down $0.50 during trading hours on Thursday, hitting $25.87. 226,858 shares of the stock were exchanged, compared to its average volume of 130,798. The business’s 50-day moving average is $26.40 and its two-hundred day moving average is $29.66. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.97 and a quick ratio of 1.64. Symrise has a 12 month low of $24.68 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.