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Synchronoss Technologies, Inc. 8.375% Senior Notes Due 2026 (NASDAQ:SNCRL) Sees Significant Growth in Short Interest

kopsource ·  Feb 15, 2023 08:04

Synchronoss Technologies, Inc. 8.375% Senior Notes due 2026 (NASDAQ:SNCRL – Get Rating) saw a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 1,400 shares, a growth of 16.7% from the January 15th total of 1,200 shares. Based on an average trading volume of 5,000 shares, the short-interest ratio is presently 0.3 days.

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

NASDAQ:SNCRL opened at $18.50 on Wednesday. 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 stock's fifty day simple moving average is $17.97 and its 200-day simple moving average is $19.66.

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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. Shareholders of record on Friday, January 13th were issued a dividend of $0.5234 per share. This represents a $2.09 dividend on an annualized basis and a yield of 11.32%. The ex-dividend date was Thursday, January 12th.

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