Short Interest in Symrise AG (OTCMKTS:SYIEY) Increases By 295.4%

Symrise AG (OTCMKTS:SYIEY - Get Free Report) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 68,400 shares, a growth of 295.4% from the March 31st total of 17,300 shares. Based on an average trading volume of 278,500 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company's shares are sold short.

Symrise Price Performance

OTCMKTS:SYIEY traded down $0.22 during trading hours on Friday, hitting $28.47. 56,184 shares of the company's stock traded hands, compared to its average volume of 106,130. Symrise has a twelve month low of $23.96 and a twelve month high of $34.58. The company has a quick ratio of 1.64, a current ratio of 2.97 and a debt-to-equity ratio of 0.61. The stock's fifty day moving average price is $26.08 and its two-hundred day moving average price is $26.80.

Analyst Ratings Changes

Separately, Citigroup raised shares of Symrise from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 14th.

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.