Fifth Third Bancorp (NASDAQ:FITBI) Short Interest Up 98.0% in January

Fifth Third Bancorp (NASDAQ:FITBI) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 40,400 shares, a growth of 98.0% from the December 31st total of 20,400 shares. Based on an average daily volume of 34,300 shares, the days-to-cover ratio is presently 1.2 days.

Fifth Third Bancorp Trading Up 0.1 %

Shares of Fifth Third Bancorp stock traded up $0.03 during trading on Wednesday, reaching $25.91. 20,484 shares of the stock traded hands, compared to its average volume of 26,431. Fifth Third Bancorp has a 52-week low of $25.12 and a 52-week high of $26.25. The business has a fifty day simple moving average of $25.66 and a two-hundred day simple moving average of $25.72.

Fifth Third Bancorp Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 27th were paid a dividend of $0.5479 per share. This represents a $2.19 dividend on an annualized basis and a yield of 8.46%. The ex-dividend date of this dividend was Friday, December 27th.

Fifth Third Bancorp Company Profile

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.