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) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 9,000 shares, an increase of 66.7% from the March 31st total of 5,400 shares. Based on an average daily volume of 12,200 shares, the short-interest ratio is presently 0.7 days.

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 Trading Down 0.9 %

Shares of SNCRL traded down $0.20 during mid-day trading on Friday, reaching $21.00. The company had a trading volume of 1,810 shares, compared to its average volume of 10,738. The company’s 50-day moving average is $21.04 and its 200-day moving average is $19.73. Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 has a twelve month low of $16.40 and a twelve month high of $22.60.

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

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be issued a dividend of $0.5234 per share. The ex-dividend date is Friday, April 12th. This represents a $2.09 dividend on an annualized basis and a dividend yield of 9.97%.

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.