Short Interest in First Citizens BancShares, Inc. (NASDAQ:FCNCO) Decreases By 58.3%

First Citizens BancShares, Inc. (NASDAQ:FCNCO) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 11,500 shares, a drop of 58.3% from the November 30th total of 27,600 shares. Based on an average daily volume of 17,100 shares, the short-interest ratio is presently 0.7 days.

First Citizens BancShares Trading Down 0.9 %

First Citizens BancShares stock traded down $0.21 during mid-day trading on Friday, hitting $22.18. The company had a trading volume of 14,232 shares, compared to its average volume of 18,030. First Citizens BancShares has a 12-month low of $21.17 and a 12-month high of $24.83. The company’s fifty day moving average is $23.54 and its 200-day moving average is $23.35.

First Citizens BancShares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were paid a $0.3516 dividend. The ex-dividend date was Friday, November 29th. This represents a $1.41 annualized dividend and a dividend yield of 6.34%.

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.