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

Symrise AG (OTCMKTS:SYIEF) saw a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 241,500 shares, a growth of 25.4% from the October 15th total of 192,600 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 1,207.5 days.

Symrise Price Performance

OTCMKTS:SYIEF opened at $113.44 on Friday. The stock has a 50 day moving average of $131.04 and a 200-day moving average of $123.09. Symrise has a 52 week low of $100.10 and a 52 week high of $137.65.

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.