Fifth Third Bancorp (NASDAQ:FITBP – Get Free Report) saw a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 10,275 shares, a growth of 175.8% from the February 12th total of 3,725 shares. Based on an average daily volume of 10,753 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 10,753 shares, the short-interest ratio is presently 1.0 days.
Fifth Third Bancorp Stock Performance
Fifth Third Bancorp stock traded down $0.02 during trading hours on Thursday, reaching $24.01. The stock had a trading volume of 12,872 shares, compared to its average volume of 11,749. The business’s 50 day moving average price is $24.58 and its 200-day moving average price is $24.70. Fifth Third Bancorp has a 52 week low of $23.04 and a 52 week high of $25.50.
About Fifth Third Bancorp
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.
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