Fifth Third Bancorp (NASDAQ:FITBP) Short Interest Up 69.2% in May

Fifth Third Bancorp (NASDAQ:FITBP) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 20,310 shares, a growth of 69.2% from the April 30th total of 12,001 shares. Based on an average trading volume of 9,995 shares, the days-to-cover ratio is currently 2.0 days.

Fifth Third Bancorp Trading Up 0.1%

Fifth Third Bancorp stock traded up $0.02 during midday trading on Wednesday, reaching $23.55. 826 shares of the company were exchanged, compared to its average volume of 11,908. The firm’s 50-day simple moving average is $23.70 and its 200-day simple moving average is $24.30. Fifth Third Bancorp has a 1 year low of $23.05 and a 1 year high of $25.50.

Fifth Third Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 27th were paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 6.4%. The ex-dividend date of this dividend was Friday, March 27th.

Fifth Third Bancorp Company Profile

Fifth Third Bancorp (NASDAQ:FITBP) is a diversified financial services company headquartered in Cincinnati, Ohio, operating through its banking subsidiary, Fifth Third Bank. The company provides a broad array of banking, lending, and wealth management services to individuals, small businesses, middle-market companies and large corporations. Its core offerings include deposit products, home and auto financing, credit cards, and treasury management solutions, complemented by insurance, investment advisory and trust services.

Founded in 1858 with the merger of Third National Bank and Fifth National Bank, Fifth Third has grown through strategic acquisitions and organic expansion to serve customers across a multi-state footprint in the Midwest and Southeast.