Short Interest in Symrise AG (OTCMKTS:SYIEF) Declines By 38.5%

Symrise AG (OTCMKTS:SYIEF) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totalling 205,900 shares, a drop of 38.5% from the September 15th total of 334,900 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is currently 294.1 days.

Symrise Price Performance

OTCMKTS:SYIEF opened at $131.00 on Friday. Symrise has a 1-year low of $94.87 and a 1-year high of $137.65. The business’s 50-day moving average price is $128.94 and its two-hundred day moving average price is $120.78.

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.