Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) Short Interest Down 60.6% in February

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) saw a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 7,800 shares, a decline of 60.6% from the February 13th total of 19,800 shares. Based on an average daily volume of 11,200 shares, the short-interest ratio is currently 0.7 days.

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

Shares of SNCRL stock opened at $24.91 on Thursday. Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 has a 52-week low of $17.55 and a 52-week high of $26.30. The business has a 50-day simple moving average of $24.84 and a 200-day simple moving average of $24.79.

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

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th were given a $0.5234 dividend. The ex-dividend date was Wednesday, January 15th. This represents a $2.09 annualized dividend and a yield of 8.41%.

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.