First Citizens BancShares, Inc. (NASDAQ:FCNCP – Get Free Report) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 4,682 shares, a growth of 51.5% from the August 31st total of 3,090 shares. Based on an average daily volume of 11,108 shares, the days-to-cover ratio is currently 0.4 days.
First Citizens BancShares Stock Up 1.7%
NASDAQ:FCNCP opened at $18.22 on Thursday. The company has a 50 day simple moving average of $19.66 and a two-hundred day simple moving average of $20.36. First Citizens BancShares has a 12 month low of $17.90 and a 12 month high of $22.84.
First Citizens BancShares Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st were paid a $0.3359 dividend. This represents a $1.34 dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date was Monday, August 31st.
First Citizens BancShares Company Profile
First Citizens BancShares, Inc is the bank holding company for First-Citizens Bank & Trust Company, commonly known as First Citizens Bank. The company provides personal, business and commercial banking services, including checking and savings accounts, consumer and commercial loans, mortgages, credit cards, treasury management and deposit products.
Through its banking operations, First Citizens also offers wealth management, investment services, trust and estate planning, equipment financing, capital markets support and other financial services.
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