Short Interest in Symrise AG (OTCMKTS:SYIEF) Drops By 20.3%

Symrise AG (OTCMKTS:SYIEF) was the target of a large drop in short interest in February. As of February 15th, there was short interest totalling 101,900 shares, a drop of 20.3% from the January 31st total of 127,800 shares. Based on an average trading volume of 700 shares, the short-interest ratio is currently 145.6 days.

Symrise Price Performance

SYIEF stock remained flat at $104.17 during trading on Wednesday. The company had a trading volume of 138 shares, compared to its average volume of 553. The firm’s 50-day moving average price is $103.18 and its 200-day moving average price is $116.08. Symrise has a 12-month low of $98.70 and a 12-month high of $137.65.

Symrise Company Profile

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.