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

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

Fifth Third Bancorp Stock Down 0.1 %

Shares of Fifth Third Bancorp stock opened at $20.97 on Thursday. Fifth Third Bancorp has a 1 year low of $19.28 and a 1 year high of $24.15. The stock has a fifty day moving average price of $23.00 and a 200-day moving average price of $21.97.

Fifth Third Bancorp Dividend Announcement

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

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.