Short Interest in First Citizens BancShares, Inc. (NASDAQ:FCNCP) Rises By 200.0%

First Citizens BancShares, Inc. (NASDAQ:FCNCP) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totalling 2,100 shares, a growth of 200.0% from the August 15th total of 700 shares. Based on an average daily volume of 14,100 shares, the short-interest ratio is currently 0.1 days.

First Citizens BancShares Stock Performance

First Citizens BancShares stock traded up $0.13 during mid-day trading on Friday, hitting $23.01. 19,547 shares of the company were exchanged, compared to its average volume of 20,134. First Citizens BancShares has a 12-month low of $18.69 and a 12-month high of $23.68. The business’s 50 day simple moving average is $22.57 and its two-hundred day simple moving average is $22.15.

First Citizens BancShares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 16th. Shareholders of record on Friday, August 30th will be paid a dividend of $0.3359 per share. This represents a $1.34 dividend on an annualized basis and a dividend yield of 5.84%. The ex-dividend date is Friday, August 30th.

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.