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

First Citizens BancShares, Inc. (NASDAQ:FCNCO) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totaling 5,249 shares, a drop of 68.7% from the August 31st total of 16,765 shares. Based on an average daily trading volume, of 23,151 shares, the days-to-cover ratio is presently 0.2 days.

First Citizens BancShares Price Performance

Shares of FCNCO traded down $0.16 during mid-day trading on Monday, hitting $19.39. The stock had a trading volume of 16,545 shares, compared to its average volume of 15,426. First Citizens BancShares has a fifty-two week low of $19.39 and a fifty-two week high of $23.43. The company’s fifty day simple moving average is $20.38 and its two-hundred day simple moving average is $20.91.

First Citizens BancShares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Monday, August 31st were issued a $0.3516 dividend. This represents a $1.41 dividend on an annualized basis and a yield of 7.3%. The ex-dividend date of this dividend was Monday, August 31st.

About First Citizens BancShares

First Citizens BancShares, Inc is the bank holding company for First-Citizens Bank & Trust Company, commonly known as First Citizens Bank. The company provides banking and financial services to individuals, businesses, nonprofit organizations and government entities through a network of branches, digital banking channels and other financial-service offices.

Its offerings include deposit accounts, residential and commercial lending, consumer loans, credit cards, treasury and cash-management services, investment and wealth-management solutions, and other financial products.