Short Interest in Symrise AG (OTCMKTS:SYIEF) Rises By 38.4%

Symrise AG (OTCMKTS:SYIEFGet Free Report) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totalling 780,400 shares, an increase of 38.4% from the March 31st total of 563,800 shares. Based on an average trading volume of 1,400 shares, the short-interest ratio is currently 557.4 days.

Symrise Price Performance

Symrise stock remained flat at $107.25 during trading hours on Friday. The company’s stock had a trading volume of 137 shares, compared to its average volume of 663. The company’s fifty day simple moving average is $111.53 and its 200-day simple moving average is $107.28. Symrise has a 12-month low of $93.05 and a 12-month high of $121.21.

About Symrise

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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.

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