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

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totaling 16,712 shares, a drop of 59.6% from the June 30th total of 41,398 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 119,402 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Morgan Stanley reissued an “overweight” rating on shares of Symrise in a research note on Tuesday, June 16th. Jefferies Financial Group upgraded Symrise to a “hold” rating in a research note on Wednesday, April 22nd. Zacks Research raised Symrise from a “strong sell” rating to a “hold” rating in a research report on Friday, May 15th. The Goldman Sachs Group lowered shares of Symrise from a “buy” rating to a “neutral” rating in a research note on Monday, June 8th. Finally, Sanford C. Bernstein raised shares of Symrise to a “hold” rating in a report on Wednesday, July 22nd. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Symrise Trading Up 2.8%

Shares of SYIEY stock opened at $25.41 on Wednesday. The firm has a fifty day moving average price of $24.23 and a 200 day moving average price of $22.45. Symrise has a 12 month low of $19.31 and a 12 month high of $26.16.

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.