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

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 41,398 shares, an increase of 119.1% from the June 15th total of 18,898 shares. Based on an average trading volume of 123,001 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are sold short.

Symrise Price Performance

SYIEY opened at $24.98 on Wednesday. The firm has a 50 day moving average price of $23.58 and a 200-day moving average price of $22.11. Symrise has a twelve month low of $19.31 and a twelve month high of $26.26.

Analyst Upgrades and Downgrades

Several analysts have commented on SYIEY shares. Zacks Research upgraded Symrise from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. Morgan Stanley restated an “overweight” rating on shares of Symrise in a research note on Tuesday, June 16th. The Goldman Sachs Group downgraded Symrise from a “buy” rating to a “neutral” rating in a report on Monday, June 8th. Finally, Jefferies Financial Group raised Symrise to a “hold” rating in a research report on Wednesday, April 22nd. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Symrise presently has a consensus rating of “Moderate Buy”.

Symrise Company Profile

Symrise AG is a global supplier of fragrances, flavors, cosmetic active ingredients and raw materials for the food and beverage, personal care and household industries. Headquartered in Holzminden, Germany, the company develops scent and taste solutions that are used in a wide range of consumer products, from perfumes and personal care formulations to soft drinks, confections and savory seasonings.

The company’s core business is organized into two divisions. The Flavors & Nutrition division creates taste concepts, food ingredients and texture solutions that enhance the sensory appeal and nutritional profile of a variety of foods and beverages.