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

Fifth Third Bancorp (NASDAQ:FITBOGet Free Report) was the target of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 1,200 shares, a growth of 33.3% from the May 15th total of 900 shares. Based on an average daily volume of 12,400 shares, the days-to-cover ratio is currently 0.1 days.

Fifth Third Bancorp Trading Down 0.4 %

NASDAQ:FITBO opened at $20.16 on Friday. The firm has a fifty day simple moving average of $21.59 and a 200-day simple moving average of $22.51. Fifth Third Bancorp has a 12 month low of $17.58 and a 12 month high of $23.99.

Fifth Third Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 1st. Shareholders of record on Thursday, March 28th were given a dividend of $0.3094 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.24 dividend on an annualized basis and a yield of 6.14%.

About Fifth Third Bancorp

(Get Free Report)

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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