First Citizens BancShares, Inc. (NASDAQ:FCNCP) Short Interest Update

First Citizens BancShares, Inc. (NASDAQ:FCNCP) was the target of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 32,456 shares, a growth of 290.7% from the February 12th total of 8,308 shares. Based on an average trading volume of 20,852 shares, the short-interest ratio is currently 1.6 days. Based on an average trading volume of 20,852 shares, the short-interest ratio is currently 1.6 days.

First Citizens BancShares Stock Performance

FCNCP opened at $21.52 on Wednesday. First Citizens BancShares has a one year low of $19.30 and a one year high of $23.50. The company has a fifty day moving average price of $21.15 and a 200-day moving average price of $21.55.

First Citizens BancShares Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be given a dividend of $0.3359 per share. This represents a $1.34 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date is Friday, February 27th.

About First Citizens BancShares

First Citizens BancShares, Inc, headquartered in Raleigh, North Carolina, is a bank holding company and the parent of First Citizens Bank & Trust Company. Established in 1898, the institution has maintained a family‐controlled ownership structure, with members of the Holding family continuing to guide its strategic direction. Over more than a century of operation, First Citizens has built a reputation for conservative management and a focus on customer relationships.

The company’s core business activities encompass retail and commercial banking services.