First Citizens BancShares, Inc. (NASDAQ:FCNCP) Short Interest Up 6.7% in January

First Citizens BancShares, Inc. (NASDAQ:FCNCP) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 12,800 shares, a growth of 6.7% from the December 31st total of 12,000 shares. Based on an average daily trading volume, of 14,700 shares, the days-to-cover ratio is currently 0.9 days.

First Citizens BancShares Trading Up 0.3 %

First Citizens BancShares stock traded up $0.08 during midday trading on Tuesday, reaching $22.42. The stock had a trading volume of 7,275 shares, compared to its average volume of 15,616. The firm’s 50-day moving average price is $22.69 and its 200 day moving average price is $22.94. First Citizens BancShares has a 12 month low of $20.79 and a 12 month high of $24.42.

First Citizens BancShares Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be given a dividend of $0.3359 per share. The ex-dividend date is Friday, February 28th. This represents a $1.34 annualized dividend and a dividend yield of 5.99%.

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.