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Short Interest in Synchronoss Technologies, Inc. 8.375% Senior Notes Due 2026 (NASDAQ:SNCRL) Drops By 66.7%

kopsource ·  Dec 29, 2022 07:42

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL – Get Rating) saw a large decline in short interest in December. As of December 15th, there was short interest totalling 200 shares, a decline of 66.7% from the November 30th total of 600 shares. Based on an average trading volume of 4,400 shares, the days-to-cover ratio is presently 0.0 days.

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

Shares of Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 stock traded down $0.06 during trading hours on Wednesday, reaching $17.79. 453 shares of the company's stock were exchanged, compared to its average volume of 4,790. Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 has a 1 year low of $15.00 and a 1 year high of $23.90. The business has a fifty day moving average of $18.41 and a two-hundred day moving average of $20.21.

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

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 31st. Stockholders of record on Friday, January 13th will be issued a dividend of $0.5234 per share. This represents a $2.09 dividend on an annualized basis and a dividend yield of 11.77%. The ex-dividend date is Thursday, January 12th.

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