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

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) was the recipient of a significant decline in short interest in the month of April. As of April 30th, there was short interest totalling 3,300 shares, a decline of 63.3% from the April 15th total of 9,000 shares. Based on an average trading volume of 7,000 shares, the short-interest ratio is presently 0.5 days.

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 Trading Down 0.0 %

Shares of NASDAQ:SNCRL traded down $0.01 during midday trading on Friday, reaching $20.99. The company had a trading volume of 1,262 shares, compared to its average volume of 10,633. Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 has a 1-year low of $16.40 and a 1-year high of $22.60. The company has a fifty day simple moving average of $21.03 and a two-hundred day simple moving average of $19.91.

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

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th were paid a dividend of $0.5234 per share. The ex-dividend date of this dividend was Friday, April 12th. This represents a $2.09 annualized dividend and a dividend yield of 9.98%.

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.