Fifth Third Bancorp (NASDAQ:FITBP) Short Interest Update

Fifth Third Bancorp (NASDAQ:FITBP) saw a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 3,725 shares, a decline of 67.6% from the January 29th total of 11,496 shares. Based on an average daily volume of 9,121 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 9,121 shares, the days-to-cover ratio is presently 0.4 days.

Fifth Third Bancorp Stock Performance

Shares of NASDAQ:FITBP traded down $0.18 during mid-day trading on Friday, hitting $24.46. The company had a trading volume of 28,915 shares, compared to its average volume of 11,016. Fifth Third Bancorp has a one year low of $23.04 and a one year high of $25.50. The firm has a fifty day moving average price of $24.67 and a 200 day moving average price of $24.71.

Fifth Third Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 29th were paid a $0.375 dividend. The ex-dividend date was Monday, December 29th. This represents a $1.50 annualized dividend and a dividend yield of 6.1%.

About Fifth Third Bancorp

Fifth Third Bancorp (NASDAQ:FITBP) is a diversified financial services company headquartered in Cincinnati, Ohio, operating through its banking subsidiary, Fifth Third Bank. The company provides a broad array of banking, lending, and wealth management services to individuals, small businesses, middle-market companies and large corporations. Its core offerings include deposit products, home and auto financing, credit cards, and treasury management solutions, complemented by insurance, investment advisory and trust services.

Founded in 1858 with the merger of Third National Bank and Fifth National Bank, Fifth Third has grown through strategic acquisitions and organic expansion to serve customers across a multi-state footprint in the Midwest and Southeast.