First Citizens BancShares, Inc. (NASDAQ:FCNCP) Sees Significant Growth in Short Interest

First Citizens BancShares, Inc. (NASDAQ:FCNCP) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 3,500 shares, a growth of 6.1% from the March 15th total of 3,300 shares. Based on an average daily trading volume, of 31,900 shares, the short-interest ratio is presently 0.1 days.

First Citizens BancShares Stock Down 0.3 %

FCNCP stock opened at $21.07 on Thursday. First Citizens BancShares has a 12 month low of $18.69 and a 12 month high of $23.03. The firm’s 50-day moving average is $22.07 and its 200 day moving average is $20.96.

First Citizens BancShares Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were issued a dividend of $0.3359 per share. This represents a $1.34 annualized dividend and a yield of 6.38%. The ex-dividend date of this dividend was Wednesday, February 28th.

First Citizens BancShares Company Profile

First Citizens BancShares, Inc operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. The company's deposit products include checking, savings, money market, and time deposit accounts.