First Citizens BancShares, Inc. (NASDAQ:FCNCP) Short Interest Down 67.4% in November

First Citizens BancShares, Inc. (NASDAQ:FCNCP) was the target of a large decline in short interest in November. As of November 15th, there was short interest totalling 1,400 shares, a decline of 67.4% from the October 31st total of 4,300 shares. Based on an average daily volume of 15,900 shares, the days-to-cover ratio is currently 0.1 days.

First Citizens BancShares Stock Performance

FCNCP stock traded up $0.03 during midday trading on Wednesday, reaching $23.51. 10,323 shares of the company’s stock traded hands, compared to its average volume of 18,672. First Citizens BancShares has a 52 week low of $19.67 and a 52 week high of $24.42. The firm’s fifty day moving average price is $23.54 and its 200-day moving average price is $22.74.

First Citizens BancShares Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be given a $0.3359 dividend. The ex-dividend date is Friday, November 29th. This represents a $1.34 annualized dividend and a yield of 5.72%.

First Citizens BancShares Company Profile

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.