First Citizens BancShares, Inc. (NASDAQ:FCNCP – Get Rating) was the recipient of a significant decrease in short interest in May. As of May 31st, there was short interest totalling 35,200 shares, a decrease of 32.2% from the May 15th total of 51,900 shares. Based on an average daily trading volume, of 29,200 shares, the short-interest ratio is presently 1.2 days.
Shares of NASDAQ FCNCP traded down $0.91 during mid-day trading on Tuesday, reaching $21.44. The company’s stock had a trading volume of 23,853 shares, compared to its average volume of 49,287. First Citizens BancShares has a 1-year low of $21.43 and a 1-year high of $29.30.
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