First Citizens BancShares, Inc. (NASDAQ:FCNCO) Sees Significant Growth in Short Interest

First Citizens BancShares, Inc. (NASDAQ:FCNCO) was the target of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 27,600 shares, an increase of 126.2% from the November 15th total of 12,200 shares. Based on an average daily volume of 20,300 shares, the short-interest ratio is currently 1.4 days.

First Citizens BancShares Stock Performance

FCNCO opened at $23.05 on Friday. First Citizens BancShares has a 12 month low of $21.17 and a 12 month high of $24.83. The business has a 50-day moving average of $23.92 and a two-hundred day moving average of $23.35.

First Citizens BancShares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be given a dividend of $0.3516 per share. This represents a $1.41 annualized dividend and a yield of 6.10%. The ex-dividend date of this dividend is Friday, November 29th.

First Citizens BancShares Company Profile

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.