Symrise AG (OTCMKTS:SYIEF) Short Interest Update

Symrise AG (OTCMKTS:SYIEF) was the recipient of a significant increase in short interest during 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 trading volume of 900 shares, the short-interest ratio is presently 487.6 days.

Symrise Stock Performance

SYIEF opened at $124.10 on Thursday. Symrise has a one year low of $93.05 and a one year high of $125.50. The business’s 50-day simple moving average is $121.68 and its 200-day simple moving average is $115.42.

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.