First Citizens BancShares, Inc. (NASDAQ:FCNCO) Short Interest Down 22.2% in January

First Citizens BancShares, Inc. (NASDAQ:FCNCO) saw a significant decrease in short interest in January. As of January 31st, there was short interest totalling 15,400 shares, a decrease of 22.2% from the January 15th total of 19,800 shares. Based on an average trading volume of 17,500 shares, the days-to-cover ratio is currently 0.9 days.

First Citizens BancShares Stock Up 0.8 %

Shares of FCNCO stock opened at $22.77 on Monday. The stock has a fifty day moving average of $22.82 and a 200 day moving average of $23.47. First Citizens BancShares has a 52 week low of $21.28 and a 52 week high of $24.83.

First Citizens BancShares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.3516 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 6.18%. The ex-dividend date of this dividend is Friday, February 28th.

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.