Short Interest in Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Increases By 119.1%

Symrise AG Unsponsored ADR (OTCMKTS:SYIEYGet Free Report) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 41,398 shares, an increase of 119.1% from the June 15th total of 18,898 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 123,001 shares, the short-interest ratio is presently 0.3 days.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Jefferies Financial Group raised Symrise to a “hold” rating in a research report on Wednesday, April 22nd. The Goldman Sachs Group downgraded shares of Symrise from a “buy” rating to a “neutral” rating in a report on Monday, June 8th. Zacks Research upgraded shares of Symrise from a “strong sell” rating to a “hold” rating in a report on Friday, May 15th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Symrise in a research report on Tuesday, June 16th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Symrise has a consensus rating of “Moderate Buy”.

Get Our Latest Report on Symrise

Symrise Stock Performance

Shares of SYIEY stock opened at $25.10 on Thursday. Symrise has a 1-year low of $19.31 and a 1-year high of $26.26. The stock’s fifty day moving average price is $23.64 and its 200 day moving average price is $22.14.

Symrise Company Profile

(Get Free Report)

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.

Further Reading

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