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

First Citizens BancShares, Inc. (NASDAQ:FCNCO) was the target of a large growth in short interest in July. As of July 31st, there was short interest totalling 11,400 shares, a growth of 67.6% from the July 15th total of 6,800 shares. Based on an average daily volume of 20,600 shares, the short-interest ratio is currently 0.6 days.

First Citizens BancShares Price Performance

Shares of FCNCO opened at $22.66 on Wednesday. The stock’s 50-day simple moving average is $22.44 and its 200 day simple moving average is $22.63. First Citizens BancShares has a 52-week low of $18.91 and a 52-week high of $23.61.

First Citizens BancShares Announces Dividend

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

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.