Short Interest in Fifth Third Bancorp (NASDAQ:FITBO) Increases By 380.2%

Fifth Third Bancorp (NASDAQ:FITBOGet Free Report) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 4,293 shares, an increase of 380.2% from the November 30th total of 894 shares. Based on an average daily trading volume, of 39,633 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 39,633 shares, the days-to-cover ratio is currently 0.1 days.

Fifth Third Bancorp Stock Performance

NASDAQ:FITBO opened at $19.65 on Friday. Fifth Third Bancorp has a 52 week low of $19.20 and a 52 week high of $23.16. The company has a fifty day simple moving average of $19.91 and a two-hundred day simple moving average of $20.22.

Fifth Third Bancorp (NASDAQ:FITBOGet Free Report) last announced its quarterly earnings data on Thursday, January 20th. The company reported $0.88 earnings per share (EPS) for the quarter. The company had revenue of $814.00 million during the quarter.

Fifth Third Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 29th will be paid a $0.3094 dividend. This represents a $1.24 annualized dividend and a dividend yield of 6.3%. The ex-dividend date is Monday, December 29th.

Fifth Third Bancorp Company Profile

(Get Free Report)

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. Through its principal subsidiary, Fifth Third Bank, the company offers a range of retail and commercial banking services across a multi-state footprint in the Midwest and Southeast. With a network of branches, ATMs and digital channels, Fifth Third serves individual consumers, small businesses and large corporations.

The company’s retail banking operations provide deposit accounts, credit and debit card services, residential mortgages, home equity lines of credit and auto financing.

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