Short Interest in Fifth Third Bancorp (NASDAQ:FITBP) Declines By 19.4%

Fifth Third Bancorp (NASDAQ:FITBP) saw a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 51,000 shares, a decline of 19.4% from the February 13th total of 63,300 shares. Based on an average daily trading volume, of 10,300 shares, the days-to-cover ratio is currently 5.0 days.

Fifth Third Bancorp Price Performance

FITBP opened at $24.85 on Tuesday. The firm has a 50 day moving average price of $24.77 and a 200-day moving average price of $24.97. Fifth Third Bancorp has a twelve month low of $22.66 and a twelve month high of $25.90.

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.