Fifth Third Bancorp (NASDAQ:FITBP) Short Interest Update

Fifth Third Bancorp (NASDAQ:FITBP) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 24,800 shares, a growth of 570.3% from the September 30th total of 3,700 shares. Based on an average daily volume of 16,800 shares, the short-interest ratio is presently 1.5 days.

Fifth Third Bancorp Price Performance

Shares of FITBP traded up $0.05 during trading hours on Friday, reaching $25.17. The stock had a trading volume of 6,327 shares, compared to its average volume of 15,943. The firm has a 50-day simple moving average of $25.09 and a 200 day simple moving average of $24.10. Fifth Third Bancorp has a 12 month low of $22.08 and a 12 month high of $25.90.

Fifth Third Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 5.96%. The ex-dividend date of this dividend was Thursday, September 26th.

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.