Short Interest in Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) Drops By 95.7%

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRLGet Free Report) saw a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 2,100 shares, a decline of 95.7% from the May 15th total of 49,300 shares. Based on an average daily volume of 10,600 shares, the days-to-cover ratio is presently 0.2 days.

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

Shares of NASDAQ:SNCRL traded down $0.03 on Friday, hitting $21.40. 4,903 shares of the company were exchanged, compared to its average volume of 12,111. The company’s 50 day moving average price is $21.03 and its two-hundred day moving average price is $20.41. Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 has a one year low of $16.40 and a one year high of $22.60.

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

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Monday, April 15th were paid a $0.5234 dividend. The ex-dividend date of this dividend was Friday, April 12th. This represents a $2.09 dividend on an annualized basis and a yield of 9.78%.

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Synchronoss Technologies Inc. 8.375% Senior Notes due 2026 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Synchronoss Technologies Inc. 8.375% Senior Notes due 2026 and related companies with MarketBeat.com's FREE daily email newsletter.