Fifth Third Bancorp (NASDAQ:FITBP) Short Interest Up 238.7% in December

Fifth Third Bancorp (NASDAQ:FITBP) saw 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 trading volume of 10,100 shares, the days-to-cover ratio is currently 6.4 days.

Fifth Third Bancorp Stock Down 1.7 %

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

Fifth Third Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 27th were given a $0.375 dividend. The ex-dividend date was Friday, December 27th. This represents a $1.50 annualized dividend and a dividend yield of 6.21%.

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.