Short Interest in Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) Decreases By 82.8%

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totalling 500 shares, a drop of 82.8% from the November 30th total of 2,900 shares. Based on an average daily volume of 10,300 shares, the short-interest ratio is presently 0.0 days.

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

Shares of NASDAQ SNCRL remained flat at $24.85 during midday trading on Friday. The stock had a trading volume of 3,536 shares, compared to its average volume of 12,860. 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. The stock has a fifty day simple moving average of $24.83 and a 200-day simple moving average of $23.97.

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

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be issued a dividend of $0.5234 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $2.09 annualized dividend and a yield of 8.43%.

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.