Fifth Third Bancorp (NASDAQ:FITBI – Get Free Report) saw a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 20,300 shares, an increase of 18.0% from the January 15th total of 17,200 shares. Based on an average trading volume of 34,500 shares, the short-interest ratio is currently 0.6 days.
Fifth Third Bancorp Price Performance
Shares of FITBI opened at $26.25 on Monday. The firm has a 50-day moving average of $25.75 and a 200-day moving average of $25.72. Fifth Third Bancorp has a one year low of $25.12 and a one year high of $26.25.
Fifth Third Bancorp Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 27th were issued a dividend of $0.5479 per share. This represents a $2.19 annualized dividend and a dividend yield of 8.35%. 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.
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