First Citizens BancShares, Inc. (NASDAQ:FCNCP) Short Interest Down 80.9% in January

First Citizens BancShares, Inc. (NASDAQ:FCNCP) saw a large decline in short interest in January. As of January 15th, there was short interest totaling 15,481 shares, a decline of 80.9% from the December 31st total of 80,985 shares. Based on an average daily volume of 25,750 shares, the short-interest ratio is currently 0.6 days. Based on an average daily volume of 25,750 shares, the short-interest ratio is currently 0.6 days.

First Citizens BancShares Stock Up 0.3%

NASDAQ:FCNCP traded up $0.07 during mid-day trading on Tuesday, reaching $21.30. The company’s stock had a trading volume of 27,438 shares, compared to its average volume of 25,196. The company’s fifty day simple moving average is $20.92 and its two-hundred day simple moving average is $21.57. First Citizens BancShares has a twelve month low of $19.30 and a twelve month high of $23.50.

First Citizens BancShares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 27th will be given a $0.3359 dividend. The ex-dividend date is Friday, February 27th. This represents a $1.34 annualized dividend and a yield of 6.3%.

About First Citizens BancShares

First Citizens BancShares, Inc, headquartered in Raleigh, North Carolina, is a bank holding company and the parent of First Citizens Bank & Trust Company. Established in 1898, the institution has maintained a family‐controlled ownership structure, with members of the Holding family continuing to guide its strategic direction. Over more than a century of operation, First Citizens has built a reputation for conservative management and a focus on customer relationships.

The company’s core business activities encompass retail and commercial banking services.