Short Interest in Fifth Third Bancorp (NASDAQ:FITBO) Expands By 129.6%

Fifth Third Bancorp (NASDAQ:FITBO – Get Rating) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totalling 6,200 shares, an increase of 129.6% from the April 15th total of 2,700 shares. Based on an average daily trading volume, of 27,700 shares, the days-to-cover ratio is currently 0.2 days.

Shares of FITBO opened at $20.39 on Friday. Fifth Third Bancorp has a 52-week low of $19.76 and a 52-week high of $28.17.

About Fifth Third Bancorp (Get Rating)

Fifth Third Bancorp operates as a diversified financial services company in the United States. The company's Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers.

See Also