Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Sees Large Growth in Short Interest

by · The Cerbat Gem

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY – Get Free Report) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 14,944 shares, a growth of 139.8% from the September 30th total of 6,233 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 77,509 shares, the short-interest ratio is currently 0.2 days.

Symrise Stock Performance

Symrise stock opened at $25.91 on Friday. Symrise has a 12 month low of $19.31 and a 12 month high of $28.77. The company’s fifty day simple moving average is $26.47 and its 200-day simple moving average is $23.75.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Sanford C. Bernstein upgraded Symrise to a “hold” rating in a report on Wednesday, July 22nd. Jefferies Financial Group raised Symrise from a “hold” rating to a “buy” rating in a research report on Tuesday, September 1st. Morgan Stanley reissued an “overweight” rating on shares of Symrise in a research note on Thursday, August 27th. Finally, Citigroup restated a “buy” rating on shares of Symrise in a research report on Friday, September 25th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Report on SYIEY

About Symrise

(Get Free Report)

Symrise AG is a global chemicals and ingredients company headquartered in Holzminden, Germany. It develops, manufactures and markets flavorings, fragrances, cosmetic ingredients, food ingredients and nutritional solutions for customers in the food and beverage, consumer goods, cosmetics, personal care and pet food industries.

The company’s products include flavor compounds for food and beverages, fragrance ingredients and finished fragrances for perfumes and household products, as well as active and functional ingredients used in skin care, hair care and other personal care applications.

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