Symrise AG (OTCMKTS:SYIEY) Short Interest Up 295.4% in April

Symrise AG (OTCMKTS:SYIEY) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 68,400 shares, an increase of 295.4% from the March 31st total of 17,300 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 278,500 shares, the days-to-cover ratio is currently 0.2 days.

Symrise Stock Performance

SYIEY traded down $0.03 during trading hours on Tuesday, reaching $27.68. 38,940 shares of the stock traded hands, compared to its average volume of 108,215. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.97 and a quick ratio of 1.64. The firm’s fifty day simple moving average is $25.89 and its two-hundred day simple moving average is $26.81. Symrise has a fifty-two week low of $23.96 and a fifty-two week high of $34.58.

Analyst Upgrades and Downgrades

Separately, Citigroup raised shares of Symrise from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 14th.

Symrise Company Profile

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.