Symrise AG (OTCMKTS:SYIEF) Sees Significant Growth in Short Interest

Symrise AG (OTCMKTS:SYIEF) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 709,400 shares, a growth of 19.4% from the May 31st total of 594,200 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 1,182.3 days.

Symrise Price Performance

OTCMKTS:SYIEF remained flat at $123.13 during mid-day trading on Friday. The company had a trading volume of 92 shares, compared to its average volume of 695. The company has a 50-day moving average of $114.23 and a 200 day moving average of $110.73. Symrise has a 12-month low of $93.05 and a 12-month high of $123.13.

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.