Fifth Third Bancorp (NASDAQ:FITBO) Short Interest Up 104.3% in November

Fifth Third Bancorp (NASDAQ:FITBO) was the recipient of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 109,500 shares, an increase of 104.3% from the October 31st total of 53,600 shares. Based on an average daily volume of 27,500 shares, the short-interest ratio is currently 4.0 days.

Fifth Third Bancorp Price Performance

Shares of NASDAQ:FITBO traded up $0.14 on Thursday, hitting $23.44. The company had a trading volume of 12,279 shares, compared to its average volume of 22,192. Fifth Third Bancorp has a 1-year low of $19.28 and a 1-year high of $24.15. The stock has a 50 day moving average price of $23.30 and a 200 day moving average price of $21.72.

Fifth Third Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.3094 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 5.28%.

Fifth Third Bancorp Company Profile

Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management.