Short Interest in Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Expands By 1,448.2%

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 125,509 shares, an increase of 1,448.2% from the December 31st total of 8,107 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 785,961 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 785,961 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Several research firms have weighed in on SYIEY. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Symrise in a research note on Monday, November 24th. Zacks Research downgraded Symrise from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy”.

Symrise Trading Up 0.0%

Shares of OTCMKTS:SYIEY traded up $0.01 during trading on Tuesday, reaching $21.81. 78,439 shares of the company traded hands, compared to its average volume of 364,881. Symrise has a 1-year low of $19.31 and a 1-year high of $30.58. The company has a current ratio of 1.49, a quick ratio of 0.83 and a debt-to-equity ratio of 0.34. The firm has a fifty day simple moving average of $20.38 and a 200 day simple moving average of $22.08.

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.