Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL) Short Interest Update

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL – Get Rating) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 2,100 shares, a growth of 31.3% from the February 13th total of 1,600 shares. Based on an average trading volume of 5,100 shares, the short-interest ratio is presently 0.4 days.

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

Shares of SNCRL opened at $18.07 on Friday. Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 has a 12-month low of $15.00 and a 12-month high of $23.78. The firm has a fifty day moving average price of $18.36 and a 200-day moving average price of $19.12.

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

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 31st. Stockholders of record on Friday, January 13th were paid a dividend of $0.5234 per share. This represents a $2.09 dividend on an annualized basis and a dividend yield of 11.59%. The ex-dividend date of this dividend was Thursday, January 12th.