First Citizens BancShares, Inc. (NASDAQ:FCNCP) Short Interest Update

First Citizens BancShares, Inc. (NASDAQ:FCNCP) was the recipient of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 6,200 shares, an increase of 158.3% from the January 31st total of 2,400 shares. Based on an average trading volume of 16,700 shares, the short-interest ratio is presently 0.4 days.

First Citizens BancShares Stock Down 1.0 %

Shares of FCNCP stock traded down $0.24 during trading hours on Friday, reaching $22.48. 2,931 shares of the stock traded hands, compared to its average volume of 16,756. First Citizens BancShares has a 1-year low of $20.79 and a 1-year high of $24.42. The business has a fifty day moving average price of $22.46 and a 200 day moving average price of $22.97.

First Citizens BancShares Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.3359 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.34 annualized dividend and a dividend yield of 5.98%.

About First Citizens BancShares

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.