Fifth Third Bancorp (NASDAQ:FITBO – Get Free Report) was the recipient of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 109,500 shares, a growth of 104.3% from the October 31st total of 53,600 shares. Based on an average daily trading volume, of 27,500 shares, the short-interest ratio is presently 4.0 days.
Fifth Third Bancorp Trading Up 1.3 %
Shares of FITBO traded up $0.31 during mid-day trading on Friday, reaching $23.75. The company’s stock had a trading volume of 26,911 shares, compared to its average volume of 22,212. The company’s fifty day moving average price is $23.31 and its two-hundred day moving average price is $21.74. Fifth Third Bancorp has a 52 week low of $19.28 and a 52 week high of $24.15.
Fifth Third Bancorp Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.3094 dividend. This represents a $1.24 annualized dividend and a dividend yield of 5.21%. The ex-dividend date of this dividend was Thursday, September 26th.
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.
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