First Citizens BancShares, Inc. (NASDAQ:FCNCO) Short Interest Up 19.7% in September

First Citizens BancShares, Inc. (NASDAQ:FCNCO) was the target of a large growth in short interest in September. As of September 30th, there was short interest totalling 18,200 shares, a growth of 19.7% from the September 15th total of 15,200 shares. Based on an average daily trading volume, of 23,200 shares, the days-to-cover ratio is presently 0.8 days.

First Citizens BancShares Trading Down 0.2 %

Shares of FCNCO stock traded down $0.05 on Wednesday, reaching $24.63. The company’s stock had a trading volume of 8,109 shares, compared to its average volume of 19,481. The stock’s fifty day simple moving average is $23.84 and its 200-day simple moving average is $22.96. First Citizens BancShares has a 1 year low of $19.15 and a 1 year high of $24.83.

First Citizens BancShares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, August 30th were paid a $0.3516 dividend. The ex-dividend date of this dividend was Friday, August 30th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 5.71%.

About First Citizens BancShares

First Citizens BancShares, Inc operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. The company's deposit products include checking, savings, money market, and time deposit accounts.