First Citizens BancShares, Inc. (NASDAQ:FCNCP – Get Free Report) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 12,433 shares, an increase of 76.7% from the May 31st total of 7,037 shares. Based on an average trading volume of 11,105 shares, the days-to-cover ratio is presently 1.1 days.
First Citizens BancShares Price Performance
Shares of NASDAQ:FCNCP opened at $20.03 on Friday. First Citizens BancShares has a 52 week low of $19.67 and a 52 week high of $22.93. The company’s 50 day moving average is $20.55 and its two-hundred day moving average is $20.90.
First Citizens BancShares Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were issued a $0.3359 dividend. This represents a $1.34 annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend was Friday, May 29th.
About First Citizens BancShares
First Citizens BancShares, Inc, headquartered in Raleigh, North Carolina, is a bank holding company and the parent of First Citizens Bank & Trust Company. Established in 1898, the institution has maintained a family‐controlled ownership structure, with members of the Holding family continuing to guide its strategic direction. Over more than a century of operation, First Citizens has built a reputation for conservative management and a focus on customer relationships.
The company’s core business activities encompass retail and commercial banking services.
See Also
- Five stocks we like better than First Citizens BancShares
- Shorting the Grid: Bloom Energy’s $25B AI Power Play
- SanDisk’s Volatility May Be Telling Bulls What They Want to Hear
- Meta’s AI Compute Push Could Turn Its Massive CapEx Bill Into a Competitive Weapon
- 3 Dividend ETFs Built for Stability in a Volatile Market
Receive News & Ratings for First Citizens BancShares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Citizens BancShares and related companies with MarketBeat.com's FREE daily email newsletter.
