Symrise AG (OTCMKTS:SYIEY) Short Interest Down 86.5% in October

Symrise AG (OTCMKTS:SYIEY) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totalling 1,900 shares, a decline of 86.5% from the September 30th total of 14,100 shares. Based on an average daily volume of 66,100 shares, the short-interest ratio is presently 0.0 days.

Symrise Stock Performance

OTCMKTS:SYIEY traded up $0.30 during trading hours on Friday, hitting $30.56. 36,552 shares of the company traded hands, compared to its average volume of 49,493. The firm’s 50-day simple moving average is $32.77 and its 200-day simple moving average is $30.58. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.97 and a quick ratio of 1.64. Symrise has a one year low of $24.84 and a one year high of $34.58.

Analyst Upgrades and Downgrades

Separately, Citigroup raised Symrise to a “hold” rating in a research report on Tuesday, October 15th.

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.