Fifth Third Bancorp (NASDAQ:FITBO) Sees Significant Growth in Short Interest

Fifth Third Bancorp (NASDAQ:FITBO) saw a large growth in short interest in January. As of January 30th, there was short interest totaling 33,660 shares, a growth of 221.8% from the January 15th total of 10,459 shares. Based on an average trading volume of 31,799 shares, the days-to-cover ratio is presently 1.1 days. Based on an average trading volume of 31,799 shares, the days-to-cover ratio is presently 1.1 days.

Fifth Third Bancorp Stock Down 0.4%

NASDAQ FITBO traded down $0.08 on Thursday, hitting $19.72. 26,601 shares of the company were exchanged, compared to its average volume of 31,335. The stock has a fifty day moving average of $19.68 and a 200-day moving average of $20.18. Fifth Third Bancorp has a 12 month low of $19.19 and a 12 month high of $23.16.

Fifth Third Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 29th were paid a $0.3094 dividend. The ex-dividend date was Monday, December 29th. This represents a $1.24 annualized dividend and a dividend yield of 6.3%.

Fifth Third Bancorp Company Profile

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.