Fifth Third Bancorp (NASDAQ:FITBO) Short Interest Up 104.3% in November

Fifth Third Bancorp (NASDAQ:FITBO) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 109,500 shares, an increase of 104.3% from the October 31st total of 53,600 shares. Based on an average daily volume of 27,500 shares, the short-interest ratio is presently 4.0 days.

Fifth Third Bancorp Trading Up 1.3 %

FITBO stock traded up $0.31 during mid-day trading on Friday, reaching $23.75. The company’s stock had a trading volume of 26,911 shares, compared to its average volume of 22,212. Fifth Third Bancorp has a 12 month low of $19.28 and a 12 month high of $24.15. The business’s 50 day moving average price is $23.31 and its 200 day moving average price is $21.74.

Fifth Third Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.3094 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 5.21%.

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.