Fifth Third Bancorp (NASDAQ:FITBI) Sees Significant Increase in Short Interest

Fifth Third Bancorp (NASDAQ:FITBI) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 36,600 shares, an increase of 53.1% from the August 15th total of 23,900 shares. Based on an average trading volume of 32,600 shares, the short-interest ratio is presently 1.1 days.

Fifth Third Bancorp Price Performance

NASDAQ:FITBI opened at $26.24 on Monday. The firm has a 50 day simple moving average of $25.79 and a 200-day simple moving average of $25.68. Fifth Third Bancorp has a 1-year low of $24.11 and a 1-year high of $26.25.

Fifth Third Bancorp Company Profile

Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management.