Symrise AG (OTCMKTS:SYIEF) Shares Shorted: Short Interest Down 42.4% in October

Symrise AG (OTCMKTS:SYIEF – Get Free Report) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 137,707 shares, a decrease of 42.4% from the September 30th total of 239,064 shares. Based on an average daily volume of 425 shares, the short-interest ratio is currently 324.0 days.

Symrise Stock Performance

SYIEF opened at $106.40 on Friday. The stock’s 50 day simple moving average is $104.51 and its 200-day simple moving average is $94.80. Symrise has a 1 year low of $76.31 and a 1 year high of $111.29.

Symrise Company Profile

(Get Free Report)

Symrise AG is a Germany-based global supplier of flavors, fragrances, and cosmetic and nutritional ingredients. The company develops solutions used by manufacturers of food and beverages, consumer goods, personal-care products, cosmetics, and household products.

Symrise operates through two main areas: Taste, which provides flavorings, sweeteners, seasonings, and functional ingredients for food, beverages, and pet food; and Scent & Care, which supplies fragrances, flavor ingredients, cosmetic ingredients, and related solutions for perfumes, personal-care products, cleaning products, and other consumer applications.

Headquartered in Holzminden, Germany, Symrise serves customers internationally through operations and research and development facilities across Europe, North and South America, and Asia-Pacific.

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