Fifth Third Bancorp (NASDAQ:FITBP) Short Interest Up 238.7% in January

Fifth Third Bancorp (NASDAQ:FITBP) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 64,700 shares, a growth of 238.7% from the December 31st total of 19,100 shares. Based on an average daily volume of 10,100 shares, the days-to-cover ratio is currently 6.4 days.

Fifth Third Bancorp Stock Performance

Shares of FITBP stock traded up $0.05 on Thursday, reaching $24.84. The stock had a trading volume of 11,014 shares, compared to its average volume of 9,964. Fifth Third Bancorp has a 1 year low of $22.66 and a 1 year high of $25.90. The company has a 50 day simple moving average of $24.88 and a 200 day simple moving average of $24.76.

Fifth Third Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 27th were paid a dividend of $0.375 per share. The ex-dividend date was Friday, December 27th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 6.04%.

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.