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

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

Fifth Third Bancorp Price Performance

Shares of FITBP stock traded up $0.05 during trading hours on Thursday, hitting $24.84. 11,014 shares of the company’s stock traded hands, compared to its average volume of 9,964. The stock’s fifty day simple moving average is $24.88 and its two-hundred day simple moving average is $24.76. Fifth Third Bancorp has a 12-month low of $22.66 and a 12-month high of $25.90.

Fifth Third Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 27th were paid a $0.375 dividend. The ex-dividend date was Friday, December 27th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 6.04%.

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.