Short Interest in Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) Decreases By 60.6%

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) saw a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 7,800 shares, a decrease of 60.6% from the February 13th total of 19,800 shares. Based on an average trading volume of 11,200 shares, the short-interest ratio is currently 0.7 days.

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

SNCRL opened at $24.91 on Thursday. The company’s 50 day simple moving average is $24.84 and its two-hundred day simple moving average is $24.79. 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 Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th were issued a $0.5234 dividend. This represents a $2.09 annualized dividend and a yield of 8.41%. The ex-dividend date of this dividend was Wednesday, January 15th.

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.