Short Interest in Fifth Third Bancorp (NASDAQ:FITBP) Rises By 128.4%

Fifth Third Bancorp (NASDAQ:FITBP) was the target of a large growth in short interest in November. As of November 30th, there was short interest totalling 24,900 shares, a growth of 128.4% from the November 15th total of 10,900 shares. Based on an average daily trading volume, of 12,500 shares, the short-interest ratio is presently 2.0 days.

Fifth Third Bancorp Trading Down 1.5 %

Shares of FITBP stock opened at $24.83 on Friday. Fifth Third Bancorp has a 52-week low of $22.66 and a 52-week high of $25.90. The stock has a fifty day simple moving average of $25.01 and a two-hundred day simple moving average of $24.41.

Fifth Third Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 27th will be paid a $0.375 dividend. The ex-dividend date is Friday, December 27th. This represents a $1.50 dividend on an annualized basis and a yield of 6.04%.

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.