Fifth Third Bancorp (NASDAQ:FITBI) Short Interest Update

Fifth Third Bancorp (NASDAQ:FITBI) was the recipient of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 7,300 shares, a decrease of 37.1% from the February 13th total of 11,600 shares. Based on an average daily volume of 33,700 shares, the short-interest ratio is presently 0.2 days.

Fifth Third Bancorp Stock Performance

Shares of FITBI traded down $0.03 during midday trading on Friday, hitting $25.64. 59,056 shares of the company’s stock traded hands, compared to its average volume of 27,605. Fifth Third Bancorp has a 1 year low of $25.12 and a 1 year high of $26.25. The firm’s fifty day moving average is $25.87 and its 200-day moving average is $25.77.

About Fifth Third Bancorp

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.