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) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 7,800 shares, a decline of 60.6% from the February 13th total of 19,800 shares. Based on an average trading volume of 11,200 shares, the short-interest ratio is presently 0.7 days.

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

NASDAQ SNCRL traded up $0.15 during midday trading on Friday, hitting $25.08. The company had a trading volume of 7,044 shares, compared to its average volume of 13,807. The firm has a 50-day moving average price of $24.83 and a 200-day moving average price of $24.79. Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 has a twelve month low of $17.55 and a twelve month high of $26.30.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th were issued a $0.5234 dividend. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $2.09 annualized dividend and a yield of 8.35%.

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.