Short Interest in First Citizens BancShares, Inc. (NASDAQ:FCNCO) Drops By 34.6%

First Citizens BancShares, Inc. (NASDAQ:FCNCO) saw a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 17,200 shares, a decline of 34.6% from the October 15th total of 26,300 shares. Based on an average daily volume of 20,800 shares, the short-interest ratio is currently 0.8 days.

First Citizens BancShares Trading Up 0.4 %

FCNCO stock traded up $0.09 on Friday, reaching $23.81. 1,124 shares of the company’s stock were exchanged, compared to its average volume of 18,305. The stock has a fifty day moving average of $24.30 and a 200-day moving average of $23.25. First Citizens BancShares has a twelve month low of $20.21 and a twelve month high of $24.83.

First Citizens BancShares Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be issued a $0.3516 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 5.91%.

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.