Symrise AG (OTCMKTS:SYIEF) Sees Significant Decline in Short Interest

Symrise AG (OTCMKTS:SYIEF) was the target of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 198,300 shares, a decline of 17.9% from the October 31st total of 241,500 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 991.5 days.

Symrise Stock Performance

SYIEF opened at $110.65 on Monday. Symrise has a 12 month low of $100.10 and a 12 month high of $137.65. The business has a 50-day moving average of $125.40 and a two-hundred day moving average of $123.25.

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.