Symrise AG (OTCMKTS:SYIEF) Shares Shorted: Short Interest Down 52.0% in September

Symrise AG (OTCMKTS:SYIEF) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 198,804 shares, a decrease of 52.0% from the August 31st total of 414,415 shares. Based on an average trading volume of 445 shares, the days-to-cover ratio is presently 446.8 days.

Symrise Stock Performance

Symrise stock remained flat at $102.10 during midday trading on Tuesday. 52 shares of the company traded hands, compared to its average volume of 1,459. Symrise has a 1-year low of $76.31 and a 1-year high of $111.29. The stock’s 50-day simple moving average is $102.36 and its 200-day simple moving average is $94.78.

About Symrise

Symrise AG is a Germany-based global supplier of flavors, fragrances, cosmetic ingredients and nutritional products. The company develops ingredients and solutions used in food and beverages, perfumes, personal care products, household goods and cleaning applications.

Its product portfolio includes flavor compounds, taste modulators, natural extracts, fragrance ingredients, cosmetic actives and functional ingredients for applications such as skin and hair care. Symrise also provides nutrition-related solutions for pet food, aquaculture and other animal nutrition markets, as well as ingredients used in health and wellness products.

Symrise is headquartered in Holzminden, Germany, and serves customers internationally through research, manufacturing and sales operations across major global markets.