Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Stock Short Interest Report for October

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 14,944 shares, an increase of 139.8% from the September 30th total of 6,233 shares. Based on an average daily trading volume, of 77,509 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Symrise Stock Performance

SYIEY stock opened at $25.91 on Friday. Symrise has a twelve month low of $19.31 and a twelve month high of $28.77. The business has a fifty day moving average of $26.47 and a 200-day moving average of $23.75.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on SYIEY shares. Sanford C. Bernstein upgraded shares of Symrise to a “hold” rating in a research report on Wednesday, July 22nd. Citigroup reaffirmed a “buy” rating on shares of Symrise in a research note on Friday, September 25th. Jefferies Financial Group upgraded shares of Symrise from a “hold” rating to a “buy” rating in a research report on Tuesday, September 1st. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Symrise in a research report on Thursday, August 27th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Symrise Company Profile

Symrise AG is a global chemicals and ingredients company headquartered in Holzminden, Germany. It develops, manufactures and markets flavorings, fragrances, cosmetic ingredients, food ingredients and nutritional solutions for customers in the food and beverage, consumer goods, cosmetics, personal care and pet food industries.

The company’s products include flavor compounds for food and beverages, fragrance ingredients and finished fragrances for perfumes and household products, as well as active and functional ingredients used in skin care, hair care and other personal care applications.