First Citizens BancShares, Inc. (NASDAQ:FCNCO) Short Interest Up 42.1% in February

First Citizens BancShares, Inc. (NASDAQ:FCNCO) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 10,800 shares, an increase of 42.1% from the February 13th total of 7,600 shares. Based on an average daily volume of 16,100 shares, the short-interest ratio is presently 0.7 days.

First Citizens BancShares Trading Down 0.0 %

Shares of NASDAQ:FCNCO traded down $0.01 during trading hours on Monday, reaching $22.97. The stock had a trading volume of 6,289 shares, compared to its average volume of 15,539. First Citizens BancShares has a 1 year low of $21.28 and a 1 year high of $24.83. The firm’s 50 day moving average is $22.86 and its 200-day moving average is $23.44.

First Citizens BancShares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be issued a $0.3516 dividend. This represents a $1.41 annualized dividend and a dividend yield of 6.12%. The ex-dividend date of this dividend is Friday, 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.