Short Interest in Fifth Third Bancorp (NASDAQ:FITBP) Expands By 238.7%

Fifth Third Bancorp (NASDAQ:FITBP) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 64,700 shares, a growth of 238.7% from the December 15th total of 19,100 shares. Based on an average daily trading volume, of 10,100 shares, the days-to-cover ratio is currently 6.4 days.

Fifth Third Bancorp Trading Down 1.7 %

Shares of FITBP stock traded down $0.43 during trading hours on Monday, hitting $24.16. 17,348 shares of the company were exchanged, compared to its average volume of 14,850. Fifth Third Bancorp has a 1 year low of $22.66 and a 1 year high of $25.90. The firm has a fifty day moving average of $24.92 and a 200 day moving average of $24.64.

Fifth Third Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 27th were issued a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 6.21%. The ex-dividend date was Friday, December 27th.

Fifth Third Bancorp Company Profile

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.