Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Short Interest Down 93.7% in July

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 1,061 shares, a decrease of 93.7% from the July 15th total of 16,712 shares. Based on an average daily volume of 86,210 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

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

Symrise Stock Down 1.6%

OTCMKTS SYIEY opened at $25.74 on Thursday. Symrise has a 1-year low of $19.31 and a 1-year high of $26.91. The company has a 50 day moving average of $24.94 and a 200-day moving average of $22.83.

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.