Fifth Third Bancorp (NASDAQ:FITBI – Get Free Report) was the target of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 20,300 shares, an increase of 18.0% from the January 15th total of 17,200 shares. Based on an average trading volume of 34,500 shares, the short-interest ratio is currently 0.6 days.
Fifth Third Bancorp Trading Up 0.2 %
Shares of FITBI stock opened at $26.25 on Monday. Fifth Third Bancorp has a 1 year low of $25.12 and a 1 year high of $26.25. The firm’s fifty day moving average price is $25.75 and its two-hundred day moving average price is $25.72.
Fifth Third Bancorp Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 27th were paid a $0.5479 dividend. The ex-dividend date was Friday, December 27th. This represents a $2.19 annualized dividend and a yield of 8.35%.
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.
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