First Citizens BancShares, Inc. (NASDAQ:FCNCP) Short Interest Update

First Citizens BancShares, Inc. (NASDAQ:FCNCP) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 11,929 shares, a decline of 70.6% from the July 15th total of 40,549 shares. Based on an average daily trading volume, of 12,512 shares, the short-interest ratio is presently 1.0 days.

First Citizens BancShares Stock Performance

Shares of NASDAQ FCNCP opened at $19.97 on Thursday. First Citizens BancShares has a 12 month low of $19.67 and a 12 month high of $22.93. The firm has a fifty day simple moving average of $20.19 and a two-hundred day simple moving average of $20.84.

First Citizens BancShares Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a dividend of $0.3359 per share. The ex-dividend date is Monday, August 31st. This represents a $1.34 annualized dividend and a dividend yield of 6.7%.

About First Citizens BancShares

First Citizens BancShares, Inc, headquartered in Raleigh, North Carolina, is a bank holding company and the parent of First Citizens Bank & Trust Company. Established in 1898, the institution has maintained a family?controlled ownership structure, with members of the Holding family continuing to guide its strategic direction. Over more than a century of operation, First Citizens has built a reputation for conservative management and a focus on customer relationships.

The company’s core business activities encompass retail and commercial banking services.