Fifth Third Bancorp (NASDAQ:FITBI) Short Interest Update

Fifth Third Bancorp (NASDAQ:FITBI) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 27,020 shares, a growth of 137.8% from the December 31st total of 11,363 shares. Based on an average trading volume of 29,619 shares, the short-interest ratio is presently 0.9 days. Based on an average trading volume of 29,619 shares, the short-interest ratio is presently 0.9 days.

Fifth Third Bancorp Stock Down 0.1%

Shares of FITBI stock traded down $0.01 during trading hours on Thursday, reaching $25.78. The company had a trading volume of 28,314 shares, compared to its average volume of 27,323. The business has a fifty day simple moving average of $25.71 and a 200-day simple moving average of $25.64. Fifth Third Bancorp has a 12 month low of $24.75 and a 12 month high of $26.25.

Fifth Third Bancorp Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 29th were issued a dividend of $0.5095 per share. The ex-dividend date was Monday, December 29th. This represents a $2.04 annualized dividend and a yield of 7.9%.

Fifth Third Bancorp Company Profile

Fifth Third Bancorp (NASDAQ:FITB) is a diversified financial services company headquartered in Cincinnati, Ohio. As the parent company of Fifth Third Bank, it offers a wide array of banking and financial products to individuals, small businesses, corporations and governmental entities. Fifth Third Bancorp’s core mission is to provide deposit, lending and wealth management solutions that cater to the evolving needs of its customers.

The company’s principal offerings include consumer and commercial banking services such as checking and savings accounts, home mortgages, credit cards, and installment loans.