Fifth Third Bancorp (NASDAQ:FITBI) Short Interest Up 53.1% in August

Fifth Third Bancorp (NASDAQ:FITBI) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 36,600 shares, a growth of 53.1% from the August 15th total of 23,900 shares. Based on an average daily volume of 32,600 shares, the days-to-cover ratio is currently 1.1 days.

Fifth Third Bancorp Price Performance

NASDAQ FITBI opened at $26.24 on Friday. The stock has a 50-day simple moving average of $25.79 and a 200 day simple moving average of $25.68. Fifth Third Bancorp has a twelve month low of $24.11 and a twelve month high of $26.25.

About Fifth Third Bancorp

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.