Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) Short Interest Up 180.0% in January

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 1,400 shares, an increase of 180.0% from the December 31st total of 500 shares. Based on an average trading volume of 8,600 shares, the days-to-cover ratio is presently 0.2 days.

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

Shares of Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 stock traded down $0.29 on Friday, hitting $24.45. 52,371 shares of the company’s stock traded hands, compared to its average volume of 11,509. The firm’s 50-day moving average is $24.88 and its 200 day moving average is $24.53. 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.

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

The company also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be given a dividend of $0.5234 per share. This represents a $2.09 annualized dividend and a dividend yield of 8.56%. The ex-dividend date of this dividend is Wednesday, January 15th.

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.