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

Symrise AG (OTCMKTS:SYIEY) saw a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 100 shares, a decline of 97.7% from the January 31st total of 4,400 shares. Based on an average daily volume of 181,900 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, Barclays upgraded shares of Symrise to a “hold” rating in a research report on Monday, November 18th.

Symrise Price Performance

SYIEY stock traded down $0.66 during midday trading on Friday, reaching $25.04. 88,590 shares of the company’s stock traded hands, compared to its average volume of 110,002. 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 52 week low of $24.54 and a 52 week high of $34.58. The firm’s fifty day moving average price is $25.73 and its 200-day moving average price is $28.95.

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.