Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Short Interest Up 1,448.2% in January

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 125,509 shares, an increase of 1,448.2% from the December 31st total of 8,107 shares. Based on an average daily trading volume, of 785,961 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 785,961 shares, the days-to-cover ratio is currently 0.2 days.

Symrise Price Performance

Shares of Symrise stock opened at $21.60 on Thursday. The company has a current ratio of 1.49, a quick ratio of 0.83 and a debt-to-equity ratio of 0.34. Symrise has a 1 year low of $19.31 and a 1 year high of $30.58. The company has a 50 day simple moving average of $20.41 and a two-hundred day simple moving average of $22.08.

Analyst Ratings Changes

A number of research firms recently weighed in on SYIEY. Zacks Research lowered shares of Symrise from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Symrise in a research report on Monday, November 24th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Symrise has an average rating of “Buy”.

About Symrise

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.