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

Fifth Third Bancorp (NASDAQ:FITBO) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 150,500 shares, an increase of 8.4% from the November 30th total of 138,900 shares. Based on an average trading volume of 27,400 shares, the days-to-cover ratio is currently 5.5 days.

Fifth Third Bancorp Price Performance

Shares of FITBO opened at $20.97 on Thursday. The business has a 50-day moving average of $23.00 and a 200 day moving average of $21.97. Fifth Third Bancorp has a fifty-two week low of $19.28 and a fifty-two week high of $24.15.

Fifth Third Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 27th were paid a $0.3094 dividend. The ex-dividend date of this dividend was Friday, December 27th. This represents a $1.24 annualized dividend and a yield of 5.90%.

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.