First Citizens BancShares, Inc. (NASDAQ:FCNCP) Short Interest Update

First Citizens BancShares, Inc. (NASDAQ:FCNCP) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 600 shares, a drop of 93.7% from the May 31st total of 9,500 shares. Based on an average daily trading volume, of 17,500 shares, the days-to-cover ratio is currently 0.0 days.

First Citizens BancShares Stock Performance

Shares of FCNCP opened at $21.57 on Friday. The business has a fifty day moving average of $21.77 and a 200 day moving average of $21.60. First Citizens BancShares has a 52-week low of $18.69 and a 52-week high of $23.03.

First Citizens BancShares Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Friday, May 31st were given a $0.3359 dividend. The ex-dividend date of this dividend was Friday, May 31st. This is an increase from First Citizens BancShares’s previous quarterly dividend of $0.34. This represents a $1.34 dividend on an annualized basis and a yield of 6.23%.

First Citizens BancShares Company Profile

First Citizens BancShares, Inc operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. The company's deposit products include checking, savings, money market, and time deposit accounts.