Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) Short Interest Up 66.7% in April

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 9,000 shares, a growth of 66.7% from the March 31st total of 5,400 shares. Based on an average trading volume of 12,200 shares, the days-to-cover ratio is presently 0.7 days.

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 Trading Down 0.9 %

Shares of Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 stock opened at $21.00 on Friday. Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 has a twelve month low of $16.40 and a twelve month high of $22.60. The business’s fifty day moving average price is $21.04 and its 200 day moving average price is $19.72.

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

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

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.