Short Interest in Symrise AG (OTCMKTS:SYIEY) Expands By 500.0%

Symrise AG (OTCMKTS:SYIEY) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 600 shares, an increase of 500.0% from the November 30th total of 100 shares. Based on an average daily trading volume, of 199,700 shares, the days-to-cover ratio is presently 0.0 days.

Symrise Stock Performance

Shares of SYIEY remained flat at $26.58 during midday trading on Friday. The stock had a trading volume of 112,833 shares, compared to its average volume of 56,384. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.64 and a current ratio of 2.97. Symrise has a one year low of $24.92 and a one year high of $34.58. The company’s 50 day moving average price is $28.15 and its two-hundred day moving average price is $30.49.

Wall Street Analysts Forecast Growth

SYIEY has been the topic of several research reports. Citigroup raised Symrise to a “hold” rating in a research report on Tuesday, October 15th. Barclays raised shares of Symrise to a “hold” rating in a research report on Monday, November 18th.

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.