Short Interest in Fifth Third Bancorp (NASDAQ:FITBO) Grows By 21.7%

Fifth Third Bancorp (NASDAQ:FITBO) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 25,793 shares, a growth of 21.7% from the February 12th total of 21,194 shares. Based on an average trading volume of 17,608 shares, the days-to-cover ratio is currently 1.5 days. Based on an average trading volume of 17,608 shares, the days-to-cover ratio is currently 1.5 days.

Fifth Third Bancorp Stock Performance

Shares of FITBO traded up $0.08 on Tuesday, reaching $19.60. 12,701 shares of the stock traded hands, compared to its average volume of 26,429. The stock’s 50-day moving average price is $19.81 and its 200-day moving average price is $20.08. Fifth Third Bancorp has a 12 month low of $19.19 and a 12 month high of $22.80.

Fifth Third Bancorp Company Profile

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. Through its principal subsidiary, Fifth Third Bank, the company offers a range of retail and commercial banking services across a multi-state footprint in the Midwest and Southeast. With a network of branches, ATMs and digital channels, Fifth Third serves individual consumers, small businesses and large corporations.

The company’s retail banking operations provide deposit accounts, credit and debit card services, residential mortgages, home equity lines of credit and auto financing.