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

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 14,787 shares, a decline of 63.2% from the May 14th total of 40,143 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 112,674 shares, the days-to-cover ratio is currently 0.1 days.

Symrise Stock Down 1.0%

Shares of SYIEY opened at $23.77 on Friday. The company’s 50 day moving average price is $22.16 and its 200 day moving average price is $21.33. Symrise has a 52 week low of $19.31 and a 52 week high of $29.52.

Analyst Ratings Changes

A number of brokerages have recently issued reports on SYIEY. Zacks Research upgraded shares of Symrise from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. The Goldman Sachs Group lowered shares of Symrise from a “buy” rating to a “neutral” rating in a research report on Monday. Finally, Jefferies Financial Group upgraded shares of Symrise to a “hold” rating in a research report on Wednesday, April 22nd. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Symrise currently has a consensus rating of “Hold”.

Symrise Company Profile

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.