Short Interest in Fifth Third Bancorp (NASDAQ:FITBO) Grows By 500.0%

Fifth Third Bancorp (NASDAQ:FITBO) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 21,000 shares, a growth of 500.0% from the March 31st total of 3,500 shares. Based on an average daily trading volume, of 14,300 shares, the days-to-cover ratio is presently 1.5 days.

Fifth Third Bancorp Stock Performance

FITBO stock traded down $0.23 on Thursday, reaching $21.80. The company’s stock had a trading volume of 5,307 shares, compared to its average volume of 13,670. Fifth Third Bancorp has a 52 week low of $17.58 and a 52 week high of $23.99. The firm has a fifty day moving average of $22.95 and a two-hundred day moving average of $22.22.

Fifth Third Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Thursday, March 28th were issued a $0.3094 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 5.68%. The ex-dividend date was Wednesday, March 27th.

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.