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

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 41,398 shares, a growth of 119.1% from the June 15th total of 18,898 shares. Based on an average trading volume of 123,001 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

Analyst Ratings Changes

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

Symrise Trading Down 0.5%

Shares of Symrise stock opened at $24.98 on Wednesday. Symrise has a 1 year low of $19.31 and a 1 year high of $26.26. The firm’s 50-day moving average is $23.58 and its 200 day moving average is $22.11.

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.