First Citizens BancShares, Inc. (NASDAQ:FCNCO) Short Interest Update

Posted by Alanna Baker on Feb 17th, 2025

First Citizens BancShares, Inc. (NASDAQ:FCNCO – Get Free Report) saw a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 15,400 shares, a decline of 22.2% from the January 15th total of 19,800 shares. Based on an average daily volume of 17,500 shares, the days-to-cover ratio is presently 0.9 days.

First Citizens BancShares Price Performance

NASDAQ FCNCO traded up $0.18 during trading hours on Monday, hitting $22.77. The company had a trading volume of 9,246 shares, compared to its average volume of 19,398. First Citizens BancShares has a fifty-two week low of $21.28 and a fifty-two week high of $24.83. The business has a fifty day simple moving average of $22.82 and a 200-day simple moving average of $23.47.

First Citizens BancShares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.3516 per share. The ex-dividend date is Friday, February 28th. This represents a $1.41 annualized dividend and a yield of 6.18%.

First Citizens BancShares Company Profile

(Get Free Report)

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.