Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Short Interest Update

Key Points

• Short interest in Symrise AG declined by 41.0% in September, with the total number of shares short falling from 47,100 to 27,800.
• Analysts have upgraded Symrise to a "buy" rating, with one rating it as Strong Buy and two others giving a Buy and Hold rating respectively.
• Symrise's stock was trading at $22.04, reflecting a 0.9% increase, while the stock has a 52-week low of $21.03 and a high of $33.31.

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY - Get Free Report) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 27,800 shares, a decline of 41.0% from the August 31st total of 47,100 shares. Based on an average daily volume of 509,800 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 509,800 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, Baader Bank upgraded Symrise to a "buy" rating in a research report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Buy".

Symrise Trading Up 0.9%

OTCMKTS:SYIEY traded up $0.20 on Friday, hitting $22.04. The stock had a trading volume of 93,787 shares, compared to its average volume of 243,505. The company has a quick ratio of 0.83, a current ratio of 1.49 and a debt-to-equity ratio of 0.34. The business's fifty day moving average is $23.20 and its 200 day moving average is $25.99. Symrise has a 52 week low of $21.03 and a 52 week high of $33.31.

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.

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