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

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

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

Shares of NASDAQ SNCRL traded up $0.15 during mid-day trading on Friday, reaching $24.85. 8,860 shares of the company’s stock traded hands, compared to its average volume of 13,664. The business has a 50-day simple moving average of $24.21 and a 200 day simple moving average of $22.29. 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 declared a quarterly dividend, which was paid on Wednesday, July 31st. Shareholders of record on Monday, July 15th were paid a dividend of $0.5234 per share. The ex-dividend date of this dividend was Monday, July 15th. This represents a $2.09 dividend on an annualized basis 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.