Fifth Third Bancorp (NASDAQ:FITBO – Get Free Report) was the recipient of a large growth in short interest in February. As of February 27th, there was short interest totaling 25,793 shares, a growth of 21.7% from the February 12th total of 21,194 shares. Based on an average daily volume of 17,608 shares, the days-to-cover ratio is presently 1.5 days. Based on an average daily volume of 17,608 shares, the days-to-cover ratio is presently 1.5 days.
Fifth Third Bancorp Stock Performance
Shares of NASDAQ FITBO traded up $0.09 during trading hours on Monday, reaching $19.52. 31,341 shares of the stock traded hands, compared to its average volume of 26,705. Fifth Third Bancorp has a 52-week low of $19.19 and a 52-week high of $22.80. The company’s 50-day simple moving average is $19.81 and its two-hundred day simple moving average is $20.09.
About Fifth Third Bancorp
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. Through its principal subsidiary, Fifth Third Bank, the company offers a range of retail and commercial banking services across a multi-state footprint in the Midwest and Southeast. With a network of branches, ATMs and digital channels, Fifth Third serves individual consumers, small businesses and large corporations.
The company’s retail banking operations provide deposit accounts, credit and debit card services, residential mortgages, home equity lines of credit and auto financing.
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