Short Interest in Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Increases By 49.1%

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 187,110 shares, a growth of 49.1% from the January 15th total of 125,509 shares. Based on an average daily volume of 609,598 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 609,598 shares, the short-interest ratio is currently 0.3 days.

Analyst Ratings Changes

A number of research analysts have weighed in on SYIEY shares. Zacks Research lowered shares of Symrise from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. The Goldman Sachs Group raised shares of Symrise from a “hold” rating to a “buy” rating in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Symrise in a report on Monday, November 24th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy”.

Symrise Stock Performance

Shares of SYIEY opened at $22.53 on Friday. Symrise has a 12 month low of $19.31 and a 12 month high of $30.58. The firm has a fifty day simple moving average of $20.75 and a 200 day simple moving average of $21.75. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.83 and a current ratio of 1.49.

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.