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

First Citizens BancShares, Inc. (NASDAQ:FCNCO) saw a significant growth in short interest in December. As of December 31st, there was short interest totalling 23,500 shares, a growth of 104.3% from the December 15th total of 11,500 shares. Based on an average trading volume of 13,300 shares, the days-to-cover ratio is currently 1.8 days.

First Citizens BancShares Price Performance

FCNCO traded up $0.11 during trading hours on Thursday, reaching $23.23. 18,133 shares of the stock traded hands, compared to its average volume of 15,713. First Citizens BancShares has a fifty-two week low of $21.28 and a fifty-two week high of $24.83. The firm’s fifty day simple moving average is $23.17 and its two-hundred day simple moving average is $23.40.

First Citizens BancShares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were paid a dividend of $0.3516 per share. The ex-dividend date was Friday, November 29th. This represents a $1.41 annualized dividend and a dividend yield of 6.05%.

First Citizens BancShares Company Profile

First Citizens BancShares, Inc operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. The company's deposit products include checking, savings, money market, and time deposit accounts.