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

Symrise AG (OTCMKTS:SYIEF) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 127,700 shares, a decline of 21.8% from the November 30th total of 163,400 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 127.7 days.

Symrise Price Performance

Shares of OTCMKTS:SYIEF opened at $103.09 on Friday. Symrise has a fifty-two week low of $100.10 and a fifty-two week high of $137.65. The company’s 50-day moving average is $115.23 and its 200 day moving average is $122.04.

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.