Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) Sees Significant Growth in Short Interest

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) was the recipient of a large growth in short interest in 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 volume of 11,900 shares, the days-to-cover ratio is presently 1.9 days.

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

SNCRL stock opened at $24.83 on Friday. 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. The company’s 50 day moving average price is $24.83 and its two-hundred day moving average price is $24.84.

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

The company 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. This represents a $2.09 dividend on an annualized basis and a dividend yield of 8.43%. The ex-dividend date was Wednesday, January 15th.

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.