Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) Sees Significant Decline in Short Interest

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) was the target of a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 200 shares, a decline of 93.5% from the January 15th total of 3,100 shares. Based on an average daily volume of 10,900 shares, the days-to-cover ratio is presently 0.0 days.

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 Stock Down 0.6 %

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 stock traded down $0.16 during trading hours on Wednesday, hitting $24.74. 130 shares of the stock traded hands, compared to its average volume of 16,190. The firm’s 50 day moving average price is $24.86 and its 200-day moving average price is $24.69. Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 has a 1 year low of $17.55 and a 1 year high of $26.30.

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

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were paid a $0.5234 dividend. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $2.09 dividend on an annualized basis and a dividend yield of 8.46%.

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.