Short Interest in Symrise AG (OTCMKTS:SYIEF) Increases By 46.7%

Symrise AG (OTCMKTS:SYIEF) was the recipient of a significant increase in short interest in the month of August. As of August 15th, there was short interest totalling 438,800 shares, an increase of 46.7% from the July 31st total of 299,100 shares. Based on an average daily trading volume, of 900 shares, the short-interest ratio is currently 487.6 days.

Symrise Stock Performance

Shares of Symrise stock remained flat at $124.10 during trading on Friday. The stock had a trading volume of 71 shares, compared to its average volume of 674. Symrise has a 1 year low of $93.05 and a 1 year high of $130.00. The firm’s 50-day moving average is $121.84 and its two-hundred day moving average is $115.62.

Symrise Company Profile

Symrise AG supplies fragrances, flavorings, cosmetic active ingredients and raw materials, and functional ingredients in Europe, Africa, the Middle East, North America, the Asia Pacific, and Latin America. It operates through two segments, Taste, Nutrition & Health; and Scent & Care. The Taste, Nutrition & Health segment provides functional ingredients and product solutions used in the production of food and beverages; savory flavors; natural and sustainable ingredients for food and beverage manufacturers, baby food, and dietary supplements; product solutions and services for pet food manufacturers; sustainable ingredients and services for fish feed manufacturers to develop solutions for fish and shrimp farms; and probiotics for food supplements and functional foods.