Short Interest in Symrise AG (OTCMKTS:SYIEF) Rises By 38.4%

Symrise AG (OTCMKTS:SYIEF) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 780,400 shares, a growth of 38.4% from the March 31st total of 563,800 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is presently 557.4 days.

Symrise Price Performance

OTCMKTS SYIEF remained flat at $107.25 on Friday. 137 shares of the company’s stock traded hands, compared to its average volume of 663. Symrise has a fifty-two week low of $93.05 and a fifty-two week high of $121.21. The business has a 50-day moving average of $111.53 and a 200-day moving average of $107.28.

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.