Fifth Third Bancorp (NASDAQ:FITBP) Short Interest Update

Fifth Third Bancorp (NASDAQ:FITBP) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 13,017 shares, a decline of 35.9% from the November 30th total of 20,298 shares. Based on an average trading volume of 8,855 shares, the days-to-cover ratio is currently 1.5 days. Based on an average trading volume of 8,855 shares, the days-to-cover ratio is currently 1.5 days.

Fifth Third Bancorp Trading Down 0.1%

Shares of NASDAQ:FITBP traded down $0.02 during midday trading on Tuesday, reaching $24.60. The company had a trading volume of 10,528 shares, compared to its average volume of 12,809. The company has a fifty day simple moving average of $24.86 and a two-hundred day simple moving average of $24.62. Fifth Third Bancorp has a 1-year low of $23.04 and a 1-year high of $25.50.

Fifth Third Bancorp (NASDAQ:FITBP) last posted its quarterly earnings data on Thursday, January 20th. The company reported $0.88 earnings per share (EPS) for the quarter. The company had revenue of $814.00 million for the quarter.

Fifth Third Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 29th will be given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Monday, December 29th.

Fifth Third Bancorp Company Profile

Fifth Third Bancorp (NASDAQ:FITBP) is a diversified financial services company headquartered in Cincinnati, Ohio, operating through its banking subsidiary, Fifth Third Bank. The company provides a broad array of banking, lending, and wealth management services to individuals, small businesses, middle-market companies and large corporations. Its core offerings include deposit products, home and auto financing, credit cards, and treasury management solutions, complemented by insurance, investment advisory and trust services.

Founded in 1858 with the merger of Third National Bank and Fifth National Bank, Fifth Third has grown through strategic acquisitions and organic expansion to serve customers across a multi-state footprint in the Midwest and Southeast.