Fifth Third Bancorp (NASDAQ:FITBP) Short Interest Update

Fifth Third Bancorp (NASDAQ:FITBP) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 72,900 shares, a growth of 24.6% from the March 15th total of 58,500 shares. Based on an average daily volume of 10,300 shares, the short-interest ratio is presently 7.1 days.

Fifth Third Bancorp Trading Up 0.3 %

Fifth Third Bancorp stock traded up $0.07 during midday trading on Friday, reaching $23.76. The company’s stock had a trading volume of 10,508 shares, compared to its average volume of 14,547. The stock’s 50-day simple moving average is $24.50 and its 200-day simple moving average is $24.78. Fifth Third Bancorp has a 52-week low of $22.66 and a 52-week high of $25.90.

Fifth Third Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 6.31%. The ex-dividend date was Thursday, March 27th.

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.