Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Short Interest Down 78.3% in February

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) was the recipient of a large decline in short interest in February. As of February 13th, there was short interest totaling 40,582 shares, a decline of 78.3% from the January 29th total of 187,110 shares. Based on an average daily volume of 224,189 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 224,189 shares, the short-interest ratio is presently 0.2 days.

Analyst Ratings Changes

Several brokerages have recently commented on SYIEY. Zacks Research cut Symrise from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. The Goldman Sachs Group upgraded Symrise from a “hold” rating to a “buy” rating in a report on Tuesday, February 10th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Symrise in a research report on Monday, November 24th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy”.

Symrise Trading Up 0.2%

Shares of OTCMKTS SYIEY opened at $22.50 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.49 and a quick ratio of 0.83. Symrise has a 52 week low of $19.31 and a 52 week high of $30.58. The business’s 50-day simple moving average is $21.23 and its 200-day simple moving average is $21.71.

About Symrise

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.