November 17, 2016 - By Ruchi Gupta · 0 Comments
The stock of SYNCORA HOLDINGS (OTCMKTS:SYCRF) registered a decrease of 0.44% in short interest. SYCRF’s total short interest was 879,000 shares in November as published by FINRA. Its down 0.44% from 882,900 shares, reported previously. With 19,500 shares average volume, it will take short sellers 45 days to cover their SYCRF’s short positions. The stock decreased 0.75% or $0.01 on November 16, hitting $1.33. About 2.14M shares traded hands or 4464.65% up from the average. Syncora Holdings Ltd. (OTCMKTS:SYCRF) has risen 35.71% since April 15, 2016 and is uptrending. It has outperformed by 31.09% the S&P500.
Syncora Holdings Ltd., formerly Security Capital Assurance Ltd., is a holding company. The company has a market cap of $56.69 million. The Company, through its subsidiaries, is engaged in providing financial guarantee insurance and other credit enhancement for debt obligations in the United States and international capital markets. It currently has negative earnings. The Company’s subsidiaries include Syncora Guarantee Inc. and Syncora Capital Assurance Inc. (SCAI).
Syncora Holdings Ltd., formerly Security Capital Assurance Ltd, incorporated on March 17, 2006 is a Bermuda Company, which through its subsidiary, Syncora Guarantee Inc., a monoline financial guarantee insurance provider, provides credit enhancement for the obligations of debt issuers worldwide. The Firm is wholly owner of Syncora Guarantee-UK and Syncora Capital Assurance, a New York licensed financial guarantee insurer. The Firm also wholly owns a non-insurance holding company, Pike Pointe Holdings, LLC which wholly owns a number of subsidiaries that ultimately own and operate certain toll road facilities located in the United States and Canada.
More notable recent Syncora Holdings Ltd. (OTCMKTS:SYCRF) news were published by: Prnewswire.com which released: “Syncora Holdings Ltd. Announces Statutory Financial Results for Third Quarter 2016” on November 11, 2016, also Prnewswire.com with their article: “Syncora Holdings Ltd. Announces Shareholders Re-Elect Directors at Annual …” published on October 18, 2016, Prnewswire.com published: “Syncora Holdings Ltd. Announces Statutory Financial Results for Second Quarter …” on August 15, 2016. More interesting news about Syncora Holdings Ltd. (OTCMKTS:SYCRF) were released by: Prnewswire.com and their article: “Syncora Holdings Ltd. And Subsidiaries Enter Into A Transaction Support …” published on July 01, 2016 as well as Prnewswire.com‘s news article titled: “Syncora Holdings US Inc. Announces Private Exchange Offers For Syncora …” with publication date: July 09, 2016.
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By Ruchi Gupta