First Citizens BancShares, Inc. (NASDAQ:FCNCO) Short Interest Down 89.9% in July

First Citizens BancShares, Inc. (NASDAQ:FCNCO) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totalling 6,800 shares, a drop of 89.9% from the June 30th total of 67,200 shares. Based on an average trading volume of 20,000 shares, the short-interest ratio is presently 0.3 days.

First Citizens BancShares Stock Performance

FCNCO stock traded up $0.23 during mid-day trading on Thursday, hitting $22.48. The stock had a trading volume of 33,872 shares, compared to its average volume of 17,860. First Citizens BancShares has a 1-year low of $18.91 and a 1-year high of $23.61. The company has a fifty day moving average of $22.50 and a 200 day moving average of $22.58.

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.