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 significant increase in short interest in October. As of October 31st, there was short interest totalling 2,500 shares, an increase of 2,400.0% from the October 15th total of 100 shares. Based on an average daily trading volume, of 11,800 shares, the short-interest ratio is presently 0.2 days.

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

SNCRL traded up $0.14 during midday trading on Tuesday, reaching $24.90. 1,287 shares of the company were exchanged, compared to its average volume of 13,813. The stock’s 50-day simple moving average is $24.75 and its 200 day simple moving average is $23.13. 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 business also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 15th were given a dividend of $0.5234 per share. The ex-dividend date was Tuesday, October 15th. This represents a $2.09 annualized dividend and a yield of 8.41%.

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.