Fifth Third Bancorp (NASDAQ:FITBI – Get Free Report) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 31,100 shares, a growth of 104.6% from the May 31st total of 15,200 shares. Based on an average trading volume of 31,500 shares, the short-interest ratio is currently 1.0 days.
Fifth Third Bancorp Trading Down 0.4 %
NASDAQ FITBI opened at $25.36 on Friday. The business’s 50-day moving average price is $25.67 and its 200 day moving average price is $25.57. Fifth Third Bancorp has a twelve month low of $24.11 and a twelve month high of $26.25.
Fifth Third Bancorp Cuts Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, July 1st. Investors of record on Thursday, June 27th will be given a $0.586 dividend. The ex-dividend date of this dividend is Thursday, June 27th. This represents a $2.34 annualized dividend and a dividend yield of 9.24%.
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.
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