Fifth Third Bancorp (NASDAQ:FITBP) Short Interest Up 238.7% in January

Fifth Third Bancorp (NASDAQ:FITBP) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 64,700 shares, a growth of 238.7% from the December 31st total of 19,100 shares. Based on an average daily volume of 10,100 shares, the short-interest ratio is currently 6.4 days.

Fifth Third Bancorp Stock Down 0.7 %

Shares of NASDAQ FITBP traded down $0.19 during midday trading on Wednesday, reaching $24.59. 3,955 shares of the stock traded hands, compared to its average volume of 9,831. The company’s 50 day moving average is $24.87 and its 200 day moving average is $24.76. Fifth Third Bancorp has a one year low of $22.66 and a one year high of $25.90.

Fifth Third Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 27th were given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 6.10%. The ex-dividend date was Friday, December 27th.

About Fifth Third Bancorp

Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management.