First Citizens BancShares, Inc. (NASDAQ:FCNCP) Short Interest Up 6.1% in March

First Citizens BancShares, Inc. (NASDAQ:FCNCP) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 3,500 shares, a growth of 6.1% from the March 15th total of 3,300 shares. Based on an average daily volume of 31,900 shares, the days-to-cover ratio is presently 0.1 days.

First Citizens BancShares Stock Performance

NASDAQ FCNCP traded up $0.61 on Tuesday, hitting $21.58. The stock had a trading volume of 1,546 shares, compared to its average volume of 30,690. First Citizens BancShares has a 52-week low of $18.69 and a 52-week high of $23.03. The firm has a 50-day moving average of $22.07 and a 200-day moving average of $20.95.

First Citizens BancShares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were paid a $0.3359 dividend. This represents a $1.34 annualized dividend and a yield of 6.23%. The ex-dividend date was Wednesday, February 28th.

About First Citizens BancShares

First Citizens BancShares, Inc operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. The company's deposit products include checking, savings, money market, and time deposit accounts.