First Citizens BancShares, Inc. (NASDAQ:FCNCP) Short Interest Up 76.7% in June

First Citizens BancShares, Inc. (NASDAQ:FCNCPGet Free Report) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 12,433 shares, a growth of 76.7% from the May 31st total of 7,037 shares. Based on an average daily volume of 11,105 shares, the short-interest ratio is currently 1.1 days.

First Citizens BancShares Price Performance

Shares of FCNCP opened at $19.92 on Thursday. First Citizens BancShares has a 52 week low of $19.67 and a 52 week high of $22.93. The stock has a 50 day moving average price of $20.58 and a two-hundred day moving average price of $20.90.

First Citizens BancShares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were issued a dividend of $0.3359 per share. The ex-dividend date was Friday, May 29th. This represents a $1.34 annualized dividend and a yield of 6.7%.

First Citizens BancShares Company Profile

(Get Free Report)

First Citizens BancShares, Inc, headquartered in Raleigh, North Carolina, is a bank holding company and the parent of First Citizens Bank & Trust Company. Established in 1898, the institution has maintained a family‐controlled ownership structure, with members of the Holding family continuing to guide its strategic direction. Over more than a century of operation, First Citizens has built a reputation for conservative management and a focus on customer relationships.

The company’s core business activities encompass retail and commercial banking services.

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