Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) Sees Large 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 October. As of October 31st, there was short interest totalling 2,500 shares, a growth of 2,400.0% from the October 15th total of 100 shares. Based on an average trading volume of 11,800 shares, the short-interest ratio is presently 0.2 days.

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

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 stock remained flat at $24.88 during trading hours on Wednesday. 4,225 shares of the company’s stock were exchanged, compared to its average volume of 13,776. The stock has a fifty day moving average price of $24.76 and a 200 day moving average price of $23.15. 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.

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

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th were given a dividend of $0.5234 per share. The ex-dividend date was Tuesday, October 15th. This represents a $2.09 annualized dividend and a yield of 8.42%.

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.