Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Short Interest Up 1,126.5% in December

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 8,107 shares, a growth of 1,126.5% from the December 15th total of 661 shares. Based on an average daily volume of 485,888 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 485,888 shares, the short-interest ratio is currently 0.0 days.

Symrise Price Performance

Symrise stock traded up $0.89 during midday trading on Monday, reaching $21.24. The stock had a trading volume of 847,363 shares, compared to its average volume of 430,844. The firm’s fifty day simple moving average is $20.21 and its 200-day simple moving average is $22.53. The company has a quick ratio of 0.83, a current ratio of 1.49 and a debt-to-equity ratio of 0.34. Symrise has a 1-year low of $19.31 and a 1-year high of $30.58.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on SYIEY shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Symrise in a research note on Monday, November 24th. Zacks Research downgraded shares of Symrise from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

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.