Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Short Interest Update

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) was the target of a large growth in short interest in the month of 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 trading volume of 609,598 shares, the days-to-cover ratio is presently 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 trading volume of 609,598 shares, the days-to-cover ratio is presently 0.3 days.

Symrise Stock Performance

SYIEY opened at $22.53 on Monday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.83 and a current ratio of 1.49. The firm’s 50-day moving average price is $20.75 and its 200-day moving average price is $21.73. Symrise has a 52-week low of $19.31 and a 52-week high of $30.58.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. The Goldman Sachs Group upgraded shares of Symrise from a “hold” rating to a “buy” rating in a report on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Symrise in a research note on Monday, November 24th. Finally, Zacks Research downgraded shares of Symrise from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. One investment 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, Symrise has an average rating of “Buy”.

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.