Short Interest in First Citizens BancShares, Inc. (NASDAQ:FCNCO) Increases By 104.3%

First Citizens BancShares, Inc. (NASDAQ:FCNCO) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 23,500 shares, a growth of 104.3% from the December 15th total of 11,500 shares. Based on an average daily volume of 13,300 shares, the short-interest ratio is currently 1.8 days.

First Citizens BancShares Trading Up 0.7 %

Shares of First Citizens BancShares stock traded up $0.16 on Tuesday, reaching $22.65. The stock had a trading volume of 9,052 shares, compared to its average volume of 15,419. The business’s 50 day moving average is $23.22 and its two-hundred day moving average is $23.39. First Citizens BancShares has a 1 year low of $21.28 and a 1 year high of $24.83.

First Citizens BancShares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were issued a $0.3516 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.41 annualized dividend and a dividend yield of 6.21%.

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.