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

Posted by Teresa Graham on Aug 14th, 2024

First Citizens BancShares, Inc. (NASDAQ:FCNCO – Get Free Report) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 11,400 shares, an increase of 67.6% from the July 15th total of 6,800 shares. Based on an average daily volume of 20,600 shares, the days-to-cover ratio is presently 0.6 days.

First Citizens BancShares Stock Up 0.3 %

Shares of FCNCO stock opened at $22.66 on Wednesday. The stock’s 50-day moving average is $22.44 and its two-hundred day moving average is $22.63. First Citizens BancShares has a 1 year low of $18.91 and a 1 year high of $23.61.

First Citizens BancShares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 16th. Investors of record on Friday, August 30th will be issued a dividend of $0.3516 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 6.21%. The ex-dividend date is Friday, August 30th.

First Citizens BancShares Company Profile

(Get Free Report)

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.