Symrise AG (OTCMKTS:SYIEF) Shares Shorted: Short Interest Down 42.4% in October

Symrise AG (OTCMKTS:SYIEF) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 137,707 shares, a drop of 42.4% from the September 30th total of 239,064 shares. Based on an average daily trading volume, of 425 shares, the short-interest ratio is currently 324.0 days.

Symrise Stock Performance

OTCMKTS SYIEF opened at $106.40 on Friday. The stock’s 50 day moving average price is $104.51 and its two-hundred day moving average price is $94.80. Symrise has a 52 week low of $76.31 and a 52 week high of $111.29.

Symrise Company Profile

Symrise AG is a Germany-based global supplier of flavors, fragrances, and cosmetic and nutritional ingredients. The company develops solutions used by manufacturers of food and beverages, consumer goods, personal-care products, cosmetics, and household products.

Symrise operates through two main areas: Taste, which provides flavorings, sweeteners, seasonings, and functional ingredients for food, beverages, and pet food; and Scent & Care, which supplies fragrances, flavor ingredients, cosmetic ingredients, and related solutions for perfumes, personal-care products, cleaning products, and other consumer applications.

Headquartered in Holzminden, Germany, Symrise serves customers internationally through operations and research and development facilities across Europe, North and South America, and Asia-Pacific.