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) saw a significant growth in short interest in 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 daily volume of 12,200 shares, the short-interest ratio is currently 0.7 days.

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

SNCRL opened at $21.00 on Friday. The company’s 50-day moving average is $21.04 and its 200 day moving average is $19.72. Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 has a fifty-two week low of $16.40 and a fifty-two week high of $22.60.

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

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

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.