Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Short Interest Down 78.3% in February

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) was the target of a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 40,582 shares, a decline of 78.3% from the January 29th total of 187,110 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 224,189 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 224,189 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Several analysts have recently commented on SYIEY shares. Zacks Research downgraded Symrise from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Symrise in a research report on Monday, November 24th. Finally, The Goldman Sachs Group upgraded Symrise from a “hold” rating to a “buy” rating in a research note on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Symrise has an average rating of “Buy”.

Symrise Stock Performance

Shares of OTCMKTS SYIEY opened at $22.82 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.83 and a current ratio of 1.49. The stock’s 50 day moving average price is $21.28 and its 200-day moving average price is $21.71. Symrise has a twelve month low of $19.31 and a twelve month high of $30.58.

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.