Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) Short Interest Update

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 1,400 shares, a growth of 180.0% from the December 31st total of 500 shares. Based on an average daily trading volume, of 8,600 shares, the short-interest ratio is currently 0.2 days.

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 Stock Down 1.2 %

Shares of NASDAQ:SNCRL traded down $0.29 during trading on Friday, hitting $24.45. 52,371 shares of the company were exchanged, compared to its average volume of 11,519. Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 has a 12-month low of $17.55 and a 12-month high of $26.30. The firm’s 50 day moving average price is $24.88 and its 200-day moving average price is $24.53.

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be given a $0.5234 dividend. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $2.09 dividend on an annualized basis and a dividend yield of 8.56%.

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 Company Profile

synchronoss technologies (nasdaq: sncr) is the mobile innovation leader that provides personal cloud solutions and software-based activation for connected devices across the globe. the company’s proven and scalable technology solutions allow customers to connect, synchronize and activate connected devices and services that empower enterprises and consumers to live in a connected world.