Short Interest in Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) Decreases By 99.4%

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 100 shares, a drop of 99.4% from the September 30th total of 16,200 shares. Based on an average daily volume of 11,700 shares, the days-to-cover ratio is currently 0.0 days.

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 Stock Down 0.2 %

NASDAQ:SNCRL traded down $0.05 during mid-day trading on Friday, reaching $24.79. The company’s stock had a trading volume of 10,404 shares, compared to its average volume of 13,514. The company’s fifty day simple moving average is $24.63 and its two-hundred day simple moving average is $22.80. Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 has a twelve month low of $16.40 and a twelve month high of $26.30.

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

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be issued a $0.5234 dividend. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $2.09 dividend on an annualized basis and a yield of 8.45%.

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.