Fifth Third Bancorp (NASDAQ:FITBO) Short Interest Update

Fifth Third Bancorp (NASDAQ:FITBO) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 25,689 shares, a growth of 273.2% from the April 30th total of 6,883 shares. Based on an average trading volume of 17,443 shares, the days-to-cover ratio is presently 1.5 days.

Fifth Third Bancorp Stock Performance

FITBO stock traded up $0.05 during mid-day trading on Friday, hitting $18.74. The company had a trading volume of 5,792 shares, compared to its average volume of 21,745. Fifth Third Bancorp has a 12 month low of $18.41 and a 12 month high of $21.40. The stock’s fifty day moving average price is $19.13 and its two-hundred day moving average price is $19.52.

Fifth Third Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 27th were paid a $0.3094 dividend. The ex-dividend date was Friday, March 27th. This represents a $1.24 annualized dividend and a dividend yield of 6.6%.

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.