Short Interest in First Citizens BancShares, Inc. (NASDAQ:FCNCP) Increases By 122.2%

First Citizens BancShares, Inc. (NASDAQ:FCNCP) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 12,000 shares, a growth of 122.2% from the February 28th total of 5,400 shares. Based on an average daily trading volume, of 16,600 shares, the short-interest ratio is presently 0.7 days.

First Citizens BancShares Stock Performance

Shares of FCNCP stock traded down $0.40 during trading hours on Friday, reaching $21.07. The company had a trading volume of 63,746 shares, compared to its average volume of 14,697. The business has a fifty day moving average price of $22.46 and a 200-day moving average price of $22.93. 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 business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Friday, February 28th were paid a dividend of $0.3359 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.34 dividend on an annualized basis and a yield of 6.38%.

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.