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

First Citizens BancShares, Inc. (NASDAQ:FCNCO) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 19,073 shares, a growth of 58.7% from the July 15th total of 12,016 shares. Based on an average daily volume of 12,547 shares, the short-interest ratio is currently 1.5 days.

First Citizens BancShares Stock Up 0.6%

Shares of First Citizens BancShares stock opened at $20.70 on Thursday. The stock’s fifty day moving average is $20.59 and its 200 day moving average is $21.35. First Citizens BancShares has a one year low of $20.05 and a one year high of $23.91.

First Citizens BancShares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a $0.3516 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $1.41 annualized dividend and a dividend yield of 6.8%.

About First Citizens BancShares

First Citizens BancShares, Inc is the bank holding company for First Citizens Bank, a full-service commercial bank headquartered in Raleigh, North Carolina. Established in 1898, the company operates a network of branches across the United States, with a strong presence in the Southeast, Mid-Atlantic and select Western markets. As a publicly traded company listed on NASDAQ under the ticker FCNCO, First Citizens BancShares serves both retail and institutional clients through a diversified platform of banking services.

The company’s core business activities include deposit taking, commercial and consumer lending, and mortgage origination.