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

First Citizens BancShares, Inc. (NASDAQ:FCNCP) saw a significant growth in short interest in 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 volume of 14,700 shares, the days-to-cover ratio is currently 0.9 days.

First Citizens BancShares Stock Up 0.3 %

NASDAQ:FCNCP traded up $0.08 during trading hours on Tuesday, hitting $22.42. 7,275 shares of the company were exchanged, compared to its average volume of 15,616. The company has a fifty day simple moving average of $22.69 and a 200 day simple moving average of $22.94. First Citizens BancShares has a one year low of $20.79 and a one year high of $24.42.

First Citizens BancShares Announces Dividend

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