Short Interest in Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) Drops By 82.8%

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) was the target of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 500 shares, a decrease of 82.8% from the November 30th total of 2,900 shares. Based on an average daily trading volume, of 10,300 shares, the days-to-cover ratio is presently 0.0 days.

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 Stock Up 0.4 %

NASDAQ:SNCRL traded up $0.09 during trading hours on Thursday, hitting $24.85. The stock had a trading volume of 3,948 shares, compared to its average volume of 12,893. The company has a 50 day simple moving average of $24.83 and a two-hundred day simple moving average of $23.96. 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.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be issued a $0.5234 dividend. This represents a $2.09 dividend on an annualized basis and a yield of 8.43%. The ex-dividend date of this dividend is Wednesday, January 15th.

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.