Fifth Third Bancorp (NASDAQ:FITBO) Sees Significant Increase in Short Interest

Fifth Third Bancorp (NASDAQ:FITBO) was the recipient of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 25,793 shares, an increase of 21.7% from the February 12th total of 21,194 shares. Based on an average daily trading volume, of 17,608 shares, the short-interest ratio is currently 1.5 days. Based on an average daily trading volume, of 17,608 shares, the short-interest ratio is currently 1.5 days.

Fifth Third Bancorp Trading Up 0.5%

Shares of NASDAQ FITBO traded up $0.09 during midday trading on Monday, reaching $19.52. The company had a trading volume of 31,341 shares, compared to its average volume of 26,705. Fifth Third Bancorp has a one year low of $19.19 and a one year high of $22.80. The firm’s fifty day moving average price is $19.81 and its 200-day moving average price is $20.09.

Fifth Third Bancorp Company Profile

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.