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

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 1,400 shares, a growth of 180.0% from the December 15th total of 500 shares. Based on an average trading volume of 8,600 shares, the days-to-cover ratio is presently 0.2 days.

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

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 stock traded down $0.14 during midday trading on Thursday, reaching $24.75. The company had a trading volume of 5,569 shares, compared to its average volume of 10,107. Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 has a 12-month low of $17.55 and a 12-month high of $26.30. The firm’s fifty day simple moving average is $24.88 and its 200-day simple moving average is $24.34.

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

The company also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be paid a $0.5234 dividend. This represents a $2.09 dividend on an annualized basis and a dividend yield of 8.46%. The ex-dividend date is 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.