Short Interest in Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) Grows By 532.0%

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 15,800 shares, a growth of 532.0% from the October 31st total of 2,500 shares. Based on an average trading volume of 11,400 shares, the short-interest ratio is currently 1.4 days.

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

Shares of NASDAQ SNCRL traded up $0.17 during midday trading on Thursday, hitting $24.88. 3,436 shares of the company’s stock were exchanged, compared to its average volume of 13,647. Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 has a twelve month low of $17.55 and a twelve month high of $26.30. The firm’s fifty day simple moving average is $24.83 and its 200-day simple moving average is $23.44.

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

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