Fifth Third Bancorp (NASDAQ:FITBI – Get Rating) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totalling 34,100 shares, a growth of 22.7% from the November 30th total of 27,800 shares. Based on an average daily trading volume, of 47,300 shares, the days-to-cover ratio is presently 0.7 days.
Fifth Third Bancorp Stock Up 0.3 %
NASDAQ:FITBI opened at $24.52 on Friday. The stock's 50-day simple moving average is $25.29 and its 200 day simple moving average is $25.57. Fifth Third Bancorp has a twelve month low of $24.06 and a twelve month high of $28.28.
Get Fifth Third Bancorp alerts:Fifth Third Bancorp Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 3rd. Investors of record on Thursday, December 29th will be paid a $0.4141 dividend. This represents a $1.66 annualized dividend and a yield of 6.75%. The ex-dividend date of this dividend is Wednesday, December 28th.
Institutional Trading of Fifth Third Bancorp
An institutional investor recently bought a new position in Fifth Third Bancorp stock. Connectus Wealth LLC purchased a new stake in shares of Fifth Third Bancorp (NASDAQ:FITBI – Get Rating) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 75,200 shares of the company's stock, valued at approximately $1,893,000.Fifth Third Bancorp Company Profile
(Get Rating)
Fifth Third is a bank that's as long on innovation as it is on history. Since 1858, we've been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it's one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people, and focused community impact.
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