Symrise AG (OTCMKTS:SYIEY) Sees Significant Increase in Short Interest

Symrise AG (OTCMKTS:SYIEY) saw a significant increase in short interest in June. As of June 15th, there was short interest totalling 47,000 shares, an increase of 66.1% from the May 31st total of 28,300 shares. Based on an average trading volume of 315,700 shares, the short-interest ratio is presently 0.1 days.

Symrise Stock Performance

Shares of SYIEY opened at $30.73 on Friday. Symrise has a twelve month low of $23.17 and a twelve month high of $31.03. The company has a 50 day moving average of $28.75 and a two-hundred day moving average of $27.85.

Symrise Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 5th. Shareholders of record on Friday, May 17th were issued a $0.1897 dividend. The ex-dividend date was Thursday, May 16th. This is a boost from Symrise’s previous dividend of $0.19.

About Symrise

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.