Short Interest in Symrise AG (OTCMKTS:SYIEY) Decreases By 86.5%

Symrise AG (OTCMKTS:SYIEY) was the target of a significant decline in short interest during the month of 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 currently 0.0 days.

Analyst Upgrades and Downgrades

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

Symrise Trading Up 1.0 %

Shares of Symrise stock traded up $0.30 on Friday, reaching $30.56. 36,552 shares of the company traded hands, compared to its average volume of 49,493. The company has a quick ratio of 1.64, a current ratio of 2.97 and a debt-to-equity ratio of 0.61. The company has a 50 day moving average of $32.77 and a 200 day moving average of $30.58. Symrise has a 52 week low of $24.84 and a 52 week high of $34.58.

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.