Symrise AG (OTCMKTS:SYIEY) Sees Large Drop in Short Interest

Symrise AG (OTCMKTS:SYIEY) was the target of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 100 shares, a drop of 50.0% from the November 15th total of 200 shares. Based on an average daily volume of 171,200 shares, the days-to-cover ratio is presently 0.0 days.

Symrise Stock Performance

SYIEY opened at $27.14 on Friday. Symrise has a fifty-two week low of $24.92 and a fifty-two week high of $34.58. The firm has a 50-day moving average of $29.25 and a 200 day moving average of $30.68. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.64 and a current ratio of 2.97.

Analyst Upgrades and Downgrades

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

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.