Fifth Third Bancorp (NASDAQ:FITBO) Short Interest Update

Fifth Third Bancorp (NASDAQ:FITBO) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 25,689 shares, a growth of 273.2% from the April 30th total of 6,883 shares. Based on an average daily volume of 17,443 shares, the short-interest ratio is currently 1.5 days.

Fifth Third Bancorp Stock Down 0.7%

Shares of NASDAQ FITBO traded down $0.14 during trading hours on Friday, reaching $18.55. The stock had a trading volume of 31,049 shares, compared to its average volume of 22,000. The business’s fifty day moving average price is $19.11 and its two-hundred day moving average price is $19.51. Fifth Third Bancorp has a 52-week low of $18.41 and a 52-week high of $21.40.

Fifth Third Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 27th were issued a $0.3094 dividend. The ex-dividend date was Friday, March 27th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 6.7%.

About Fifth Third Bancorp

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. Through its principal subsidiary, Fifth Third Bank, the company offers a range of retail and commercial banking services across a multi-state footprint in the Midwest and Southeast. With a network of branches, ATMs and digital channels, Fifth Third serves individual consumers, small businesses and large corporations.

The company’s retail banking operations provide deposit accounts, credit and debit card services, residential mortgages, home equity lines of credit and auto financing.