Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) Sees Significant Decline in Short Interest

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) was the recipient of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 200 shares, a drop of 93.5% from the January 15th total of 3,100 shares. Based on an average daily trading volume, of 10,900 shares, the short-interest ratio is presently 0.0 days.

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 Price Performance

NASDAQ:SNCRL traded up $0.07 during mid-day trading on Thursday, reaching $24.85. 9,395 shares of the company’s stock were exchanged, compared to its average volume of 15,952. Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 has a one year low of $17.55 and a one year high of $26.30. The business’s fifty day simple moving average is $24.86 and its two-hundred day simple moving average is $24.70.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were given a $0.5234 dividend. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $2.09 dividend on an annualized basis and a dividend yield of 8.43%.

About Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026

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.