Short Interest in Symrise AG (OTCMKTS:SYIEY) Drops By 51.3%

Symrise AG (OTCMKTS:SYIEY) was the recipient of a large decrease in short interest during the month of July. As of July 31st, there was short interest totalling 7,700 shares, a decrease of 51.3% from the July 15th total of 15,800 shares. Based on an average trading volume of 53,200 shares, the short-interest ratio is currently 0.1 days.

Symrise Trading Up 0.8 %

Shares of SYIEY traded up $0.23 during mid-day trading on Tuesday, reaching $30.62. 23,461 shares of the company’s stock were exchanged, compared to its average volume of 52,733. Symrise has a 52-week low of $23.17 and a 52-week high of $31.68. The company has a 50-day simple moving average of $30.57 and a two-hundred day simple moving average of $28.76.

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.