Fifth Third Bancorp (NASDAQ:FITBO) Short Interest Update

Fifth Third Bancorp (NASDAQ:FITBO) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 21,000 shares, an increase of 500.0% from the March 31st total of 3,500 shares. Based on an average trading volume of 14,300 shares, the days-to-cover ratio is currently 1.5 days.

Fifth Third Bancorp Stock Performance

Shares of FITBO stock traded down $0.39 during trading on Friday, hitting $21.54. 14,563 shares of the company were exchanged, compared to its average volume of 13,681. The business’s 50-day simple moving average is $22.92 and its 200 day simple moving average is $22.23. Fifth Third Bancorp has a twelve month low of $17.58 and a twelve month high of $23.99.

Fifth Third Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Thursday, March 28th were given a dividend of $0.3094 per share. This represents a $1.24 annualized dividend and a yield of 5.75%. The ex-dividend date of this dividend was Wednesday, March 27th.

About Fifth Third Bancorp

Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management.