Fifth Third Bancorp (NASDAQ:FITBP) Short Interest Up 238.7% in December

Fifth Third Bancorp (NASDAQ:FITBP) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 64,700 shares, a growth of 238.7% from the December 15th total of 19,100 shares. Based on an average daily volume of 10,100 shares, the short-interest ratio is presently 6.4 days.

Fifth Third Bancorp Stock Up 2.4 %

Shares of NASDAQ FITBP traded up $0.58 during mid-day trading on Wednesday, hitting $24.78. The company had a trading volume of 6,524 shares, compared to its average volume of 13,436. Fifth Third Bancorp has a 12 month low of $22.66 and a 12 month high of $25.90. The business’s 50-day simple moving average is $24.90 and its 200-day simple moving average is $24.65.

Fifth Third Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 27th were given a $0.375 dividend. The ex-dividend date was Friday, December 27th. This represents a $1.50 annualized dividend and a yield of 6.05%.

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.