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) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 9,000 shares, an increase of 66.7% from the March 31st total of 5,400 shares. Based on an average daily trading volume, of 12,200 shares, the days-to-cover ratio is currently 0.7 days.

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

Shares of SNCRL stock traded down $0.20 during trading hours on Friday, reaching $21.00. The stock had a trading volume of 1,810 shares, compared to its average volume of 10,738. The stock’s fifty day simple moving average is $21.04 and its 200 day simple moving average is $19.73. Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 has a 12 month low of $16.40 and a 12 month high of $22.60.

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

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be issued a $0.5234 dividend. This represents a $2.09 annualized dividend and a yield of 9.97%. The ex-dividend date of this dividend is Friday, April 12th.

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.