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 significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 500 shares, a decrease of 82.8% from the November 30th total of 2,900 shares. Based on an average trading 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 SNCRL traded up $0.09 during midday trading on Thursday, hitting $24.85. The company had a trading volume of 3,948 shares, compared to its average volume of 12,893. 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. The company’s 50-day simple moving average is $24.83 and its 200-day simple moving average is $23.96.

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

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

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.