Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Short Interest Down 92.5% in August

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 1,250 shares, a decrease of 92.5% from the August 15th total of 16,585 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 60,288 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

SYIEY has been the subject of a number of research reports. Jefferies Financial Group raised shares of Symrise from a “hold” rating to a “buy” rating in a research report on Tuesday, September 1st. Morgan Stanley restated an “overweight” rating on shares of Symrise in a research report on Thursday, August 27th. The Goldman Sachs Group downgraded shares of Symrise from a “buy” rating to a “neutral” rating in a research report on Monday, June 8th. Zacks Research raised Symrise from a “strong sell” rating to a “hold” rating in a report on Friday, May 15th. Finally, Sanford C. Bernstein raised Symrise to a “hold” rating in a report on Wednesday, July 22nd. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Symrise Stock Down 0.9%

OTCMKTS SYIEY opened at $25.22 on Friday. Symrise has a 1-year low of $19.31 and a 1-year high of $27.31. The business has a 50 day moving average price of $25.76 and a 200 day moving average price of $23.49.

About Symrise

Symrise AG is a Germany-based manufacturer of fragrance, flavor, and functional ingredient solutions. The company supplies ingredients and finished solutions used in consumer products, including foods and beverages, perfumes, cosmetics, personal-care products, household goods, and pet food.

Symrise operates through businesses focused on flavors, fragrances, cosmetic ingredients, and nutrition. Its products include flavor compounds, natural and synthetic fragrance ingredients, preservatives, active cosmetic ingredients, functional food ingredients, and specialized solutions for animal nutrition and pet-care applications.