Short Interest in Fifth Third Bancorp (NASDAQ:FITBP) Decreases By 67.6%

Fifth Third Bancorp (NASDAQ:FITBP) was the recipient of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 3,725 shares, a decrease of 67.6% from the January 29th total of 11,496 shares. Based on an average trading volume of 9,121 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 9,121 shares, the short-interest ratio is currently 0.4 days.

Fifth Third Bancorp Price Performance

FITBP stock opened at $24.76 on Thursday. The business has a fifty day moving average of $24.69 and a two-hundred day moving average of $24.71. Fifth Third Bancorp has a 52-week low of $23.04 and a 52-week high of $25.50.

Fifth Third Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 29th were issued a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 6.1%. The ex-dividend date was Monday, December 29th.

Fifth Third Bancorp Company Profile

Fifth Third Bancorp (NASDAQ:FITBP) is a diversified financial services company headquartered in Cincinnati, Ohio, operating through its banking subsidiary, Fifth Third Bank. The company provides a broad array of banking, lending, and wealth management services to individuals, small businesses, middle-market companies and large corporations. Its core offerings include deposit products, home and auto financing, credit cards, and treasury management solutions, complemented by insurance, investment advisory and trust services.

Founded in 1858 with the merger of Third National Bank and Fifth National Bank, Fifth Third has grown through strategic acquisitions and organic expansion to serve customers across a multi-state footprint in the Midwest and Southeast.