Fifth Third Bancorp (NASDAQ:FITBP) Short Interest Update

Fifth Third Bancorp (NASDAQ:FITBP) was the target of a large increase in short interest in March. As of March 31st, there was short interest totalling 72,900 shares, an increase of 24.6% from the March 15th total of 58,500 shares. Based on an average daily volume of 10,300 shares, the short-interest ratio is presently 7.1 days.

Fifth Third Bancorp Stock Up 0.3 %

NASDAQ FITBP traded up $0.06 during trading hours on Monday, reaching $23.82. The company’s stock had a trading volume of 13,485 shares, compared to its average volume of 14,543. The firm has a fifty day simple moving average of $24.50 and a 200-day simple moving average of $24.78. Fifth Third Bancorp has a 52 week low of $22.66 and a 52 week high of $25.90.

Fifth Third Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 6.30%. The ex-dividend date was Thursday, March 27th.

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.