Fifth Third Bancorp (NASDAQ:FITBO) Short Interest Update

Fifth Third Bancorp (NASDAQ:FITBO) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 25,689 shares, an increase of 273.2% from the April 30th total of 6,883 shares. Based on an average daily volume of 17,443 shares, the short-interest ratio is presently 1.5 days.

Fifth Third Bancorp Stock Performance

Shares of NASDAQ FITBO traded up $0.05 during midday trading on Friday, hitting $18.74. The company’s stock had a trading volume of 5,792 shares, compared to its average volume of 21,745. The stock has a fifty day moving average price of $19.13 and a 200 day moving average price of $19.52. Fifth Third Bancorp has a one year low of $18.41 and a one year high of $21.40.

Fifth Third Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 27th were paid a dividend of $0.3094 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date was Friday, March 27th.

Fifth Third Bancorp Company Profile

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.