Fifth Third Bancorp (NASDAQ:FITBO) Short Interest Up 50.9% in January

Fifth Third Bancorp (NASDAQ:FITBO) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 10,459 shares, an increase of 50.9% from the December 31st total of 6,930 shares. Based on an average daily volume of 36,559 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 36,559 shares, the short-interest ratio is presently 0.3 days.

Fifth Third Bancorp Trading Down 0.5%

FITBO traded down $0.10 on Friday, hitting $19.87. 58,044 shares of the company were exchanged, compared to its average volume of 35,577. Fifth Third Bancorp has a twelve month low of $19.19 and a twelve month high of $23.16. The firm has a 50-day moving average price of $19.66 and a two-hundred day moving average price of $20.19.

Fifth Third Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 29th were issued a dividend of $0.3094 per share. The ex-dividend date was Monday, December 29th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 6.2%.

Fifth Third Bancorp Company Profile

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. Through its principal subsidiary, Fifth Third Bank, the company offers a range of retail and commercial banking services across a multi-state footprint in the Midwest and Southeast. With a network of branches, ATMs and digital channels, Fifth Third serves individual consumers, small businesses and large corporations.

The company’s retail banking operations provide deposit accounts, credit and debit card services, residential mortgages, home equity lines of credit and auto financing.