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

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) saw a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 14,782 shares, a decrease of 42.5% from the April 15th total of 25,703 shares. Based on an average daily trading volume, of 112,253 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Symrise Trading Down 1.1%

Shares of SYIEY stock opened at $21.35 on Friday. Symrise has a twelve month low of $19.31 and a twelve month high of $30.58. The stock has a 50 day moving average of $21.32 and a 200 day moving average of $21.06.

Wall Street Analyst Weigh In

SYIEY has been the subject of several research reports. Jefferies Financial Group upgraded shares of Symrise to a “hold” rating in a research note on Wednesday, April 22nd. The Goldman Sachs Group upgraded shares of Symrise from a “hold” rating to a “buy” rating in a research note on Tuesday, February 10th. Finally, Zacks Research downgraded shares of Symrise from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 16th. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Symrise has an average rating of “Hold”.

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.