Fifth Third Bancorp (NASDAQ:FITBO) Short Interest Update

Fifth Third Bancorp (NASDAQ:FITBO) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 71,300 shares, a drop of 30.3% from the March 15th total of 102,300 shares. Based on an average trading volume of 23,300 shares, the days-to-cover ratio is presently 3.1 days.

Fifth Third Bancorp Trading Up 1.7 %

FITBO traded up $0.35 during trading on Friday, hitting $20.67. 17,384 shares of the stock were exchanged, compared to its average volume of 25,675. The firm has a 50 day simple moving average of $21.88 and a 200 day simple moving average of $22.37. Fifth Third Bancorp has a 1 year low of $19.28 and a 1 year high of $24.15.

Fifth Third Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $0.3094 dividend. The ex-dividend date was Thursday, March 27th. This represents a $1.24 annualized dividend and a dividend yield of 5.99%.

Fifth Third Bancorp Company Profile

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.