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

Symrise AG (OTCMKTS:SYIEY) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 15,800 shares, a growth of 7,800.0% from the June 30th total of 200 shares. Based on an average trading volume of 65,700 shares, the short-interest ratio is currently 0.2 days.

Symrise Stock Performance

SYIEY stock traded down $0.18 during trading on Friday, hitting $30.74. The company had a trading volume of 29,211 shares, compared to its average volume of 29,674. Symrise has a 1-year low of $23.17 and a 1-year high of $31.43. The firm has a 50-day moving average price of $30.10 and a 200-day moving average price of $28.33.

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.