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

First Citizens BancShares, Inc. (NASDAQ:FCNCP) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 12,800 shares, an increase of 6.7% from the December 15th total of 12,000 shares. Based on an average daily trading volume, of 14,700 shares, the short-interest ratio is presently 0.9 days.

First Citizens BancShares Trading Down 1.4 %

FCNCP stock traded down $0.32 during trading on Friday, hitting $22.06. 19,927 shares of the stock traded hands, compared to its average volume of 13,721. First Citizens BancShares has a one year low of $20.38 and a one year high of $24.42. The company has a 50 day simple moving average of $22.81 and a 200 day simple moving average of $22.95.

First Citizens BancShares Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were issued a dividend of $0.3359 per share. This represents a $1.34 annualized dividend and a dividend yield of 6.09%. The ex-dividend date of this dividend was Friday, November 29th.

First Citizens BancShares Company Profile

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.