Short Interest in Fifth Third Bancorp (NASDAQ:FITBO) Rises By 50.9%

Fifth Third Bancorp (NASDAQ:FITBO) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 10,459 shares, an increase of 50.9% from the December 31st total of 6,930 shares. Based on an average daily trading volume, of 36,559 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 36,559 shares, the days-to-cover ratio is presently 0.3 days.

Fifth Third Bancorp Stock Down 0.1%

Fifth Third Bancorp stock traded down $0.02 during mid-day trading on Monday, reaching $19.85. 22,418 shares of the company were exchanged, compared to its average volume of 34,705. The business has a fifty day moving average of $19.66 and a 200 day moving average of $20.19. Fifth Third Bancorp has a 12-month low of $19.19 and a 12-month high of $23.16.

Fifth Third Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 29th were given a $0.3094 dividend. The ex-dividend date of this dividend was Monday, December 29th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 6.2%.

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.