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

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY – Get Free Report) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 1,250 shares, a decrease of 92.5% from the August 15th total of 16,585 shares. Based on an average daily volume of 60,288 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analyst Weigh In

SYIEY has been the subject of several recent analyst reports. The Goldman Sachs Group downgraded Symrise from a “buy” rating to a “neutral” rating in a report on Monday, June 8th. Sanford C. Bernstein raised shares of Symrise to a “hold” rating in a research report on Wednesday, July 22nd. Morgan Stanley reaffirmed an “overweight” rating on shares of Symrise in a report on Thursday, August 27th. Jefferies Financial Group upgraded Symrise from a “hold” rating to a “buy” rating in a report on Tuesday, September 1st. Finally, Zacks Research upgraded Symrise from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Symrise currently has a consensus rating of “Moderate Buy”.

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Symrise Price Performance

Shares of Symrise stock traded down $0.27 on Thursday, hitting $25.46. The stock had a trading volume of 29,221 shares, compared to its average volume of 106,515. Symrise has a twelve month low of $19.31 and a twelve month high of $27.31. The business’s 50 day moving average is $25.79 and its two-hundred day moving average is $23.46.

About Symrise

(Get Free Report)

Symrise AG is a Germany-based manufacturer of fragrance, flavor, and functional ingredient solutions. The company supplies ingredients and finished solutions used in consumer products, including foods and beverages, perfumes, cosmetics, personal-care products, household goods, and pet food.

Symrise operates through businesses focused on flavors, fragrances, cosmetic ingredients, and nutrition. Its products include flavor compounds, natural and synthetic fragrance ingredients, preservatives, active cosmetic ingredients, functional food ingredients, and specialized solutions for animal nutrition and pet-care applications.

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