First Citizens BancShares, Inc. (NASDAQ:FCNCO) Short Interest Down 34.6% in October

First Citizens BancShares, Inc. (NASDAQ:FCNCO) saw a significant decline in short interest in October. As of October 31st, there was short interest totalling 17,200 shares, a decline of 34.6% from the October 15th total of 26,300 shares. Based on an average daily volume of 20,800 shares, the days-to-cover ratio is presently 0.8 days.

First Citizens BancShares Trading Down 0.3 %

Shares of FCNCO traded down $0.08 during midday trading on Thursday, hitting $23.70. 13,810 shares of the company traded hands, compared to its average volume of 18,382. The stock has a 50-day moving average of $24.29 and a 200-day moving average of $23.23. First Citizens BancShares has a one year low of $20.18 and a one year high of $24.83.

First Citizens BancShares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be issued a $0.3516 dividend. This represents a $1.41 annualized dividend and a yield of 5.93%. The ex-dividend date is Friday, November 29th.

First Citizens BancShares Company Profile

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.