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

First Citizens BancShares, Inc. (NASDAQ:FCNCP) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 600 shares, a decrease of 93.7% from the May 31st total of 9,500 shares. Based on an average daily trading volume, of 17,500 shares, the days-to-cover ratio is presently 0.0 days.

First Citizens BancShares Stock Performance

First Citizens BancShares stock traded down $0.25 during trading hours on Thursday, reaching $21.82. 14,179 shares of the company’s stock were exchanged, compared to its average volume of 22,653. The firm’s 50 day simple moving average is $21.76 and its 200 day simple moving average is $21.59. First Citizens BancShares has a twelve month low of $18.69 and a twelve month high of $23.03.

First Citizens BancShares Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Friday, May 31st were issued a $0.3359 dividend. This is an increase from First Citizens BancShares’s previous quarterly dividend of $0.34. This represents a $1.34 dividend on an annualized basis and a yield of 6.16%. The ex-dividend date of this dividend was Friday, May 31st.

About First Citizens BancShares

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.