First Citizens BancShares, Inc. (NASDAQ:FCNCP) Short Interest Up 73.2% in July

First Citizens BancShares, Inc. (NASDAQ:FCNCP) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 12,300 shares, anincreaseof73.2% from the July 15th total of 7,100 shares. Based on an average trading volume of 35,200 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 35,200 shares, the short-interest ratio is currently 0.3 days.

First Citizens BancShares Price Performance

Shares of NASDAQ FCNCP opened at $22.62 on Wednesday. The business’s 50-day simple moving average is $21.39 and its 200-day simple moving average is $21.44. First Citizens BancShares has a 52 week low of $19.30 and a 52 week high of $24.42.

First Citizens BancShares Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be paid a dividend of $0.3359 per share. The ex-dividend date is Friday, August 29th. This represents a $1.34 annualized dividend and a yield of 5.9%.

About First Citizens BancShares

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.