Short Interest in First Citizens BancShares, Inc. (NASDAQ:FCNCO) Rises By 19.7%

First Citizens BancShares, Inc. (NASDAQ:FCNCO) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totalling 18,200 shares, a growth of 19.7% from the September 15th total of 15,200 shares. Based on an average trading volume of 23,200 shares, the short-interest ratio is currently 0.8 days.

First Citizens BancShares Trading Up 0.8 %

Shares of NASDAQ FCNCO traded up $0.20 during midday trading on Monday, hitting $24.68. The stock had a trading volume of 6,527 shares, compared to its average volume of 19,560. The business’s 50 day moving average is $23.75 and its 200-day moving average is $22.93. First Citizens BancShares has a 52 week low of $19.15 and a 52 week high of $24.83.

First Citizens BancShares Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, August 30th were paid a $0.3516 dividend. The ex-dividend date of this dividend was Friday, August 30th. This represents a $1.41 annualized dividend and a dividend yield of 5.70%.

About First Citizens BancShares

First Citizens BancShares, Inc operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. The company's deposit products include checking, savings, money market, and time deposit accounts.