Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) Short Interest Up 188.5% in March

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 22,500 shares, a growth of 188.5% from the February 28th total of 7,800 shares. Based on an average daily trading volume, of 11,900 shares, the short-interest ratio is presently 1.9 days.

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

NASDAQ SNCRL opened at $24.63 on Thursday. The stock has a 50-day moving average of $24.83 and a 200 day moving average of $24.83. Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 has a one year low of $17.55 and a one year high of $26.30.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were given a dividend of $0.5234 per share. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $2.09 dividend on an annualized basis and a yield of 8.50%.

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.