First Citizens BancShares, Inc. (NASDAQ:FCNCO – Get Free Report) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 23,500 shares, a growth of 104.3% from the December 15th total of 11,500 shares. Based on an average daily trading volume, of 13,300 shares, the short-interest ratio is presently 1.8 days.
First Citizens BancShares Trading Up 0.7 %
Shares of NASDAQ:FCNCO traded up $0.16 during mid-day trading on Tuesday, reaching $22.65. The company had a trading volume of 9,052 shares, compared to its average volume of 15,419. The company’s 50-day moving average price is $23.22 and its 200-day moving average price is $23.39. First Citizens BancShares has a one year low of $21.28 and a one year high of $24.83.
First Citizens BancShares Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were paid a dividend of $0.3516 per share. The ex-dividend date was Friday, November 29th. This represents a $1.41 annualized dividend and a dividend yield of 6.21%.
About First Citizens BancShares
First Citizens BancShares, Inc operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. The company's deposit products include checking, savings, money market, and time deposit accounts.
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