Short Interest in Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) Drops By 87.7%

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totalling 1,500 shares, a decrease of 87.7% from the August 31st total of 12,200 shares. Based on an average daily volume of 17,200 shares, the days-to-cover ratio is presently 0.1 days.

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 Trading Up 0.2 %

NASDAQ SNCRL traded up $0.06 on Wednesday, hitting $24.82. The company’s stock had a trading volume of 1,146 shares, compared to its average volume of 13,709. The company’s 50-day moving average is $24.05 and its 200 day moving average is $22.23. Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 has a 1-year low of $16.40 and a 1-year high of $26.30.

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

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 31st. Investors of record on Monday, July 15th were paid a dividend of $0.5234 per share. This represents a $2.09 annualized dividend and a yield of 8.44%. The ex-dividend date of this dividend was Monday, July 15th.

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.