First Citizens BancShares, Inc. (NASDAQ:FCNCP – Get Free Report) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 12,000 shares, an increase of 122.2% from the February 28th total of 5,400 shares. Based on an average daily volume of 16,600 shares, the days-to-cover ratio is currently 0.7 days.
First Citizens BancShares Price Performance
NASDAQ:FCNCP opened at $21.07 on Friday. First Citizens BancShares has a 1-year low of $20.79 and a 1-year high of $24.42. The business’s 50-day moving average price is $22.46 and its two-hundred day moving average price is $22.93.
First Citizens BancShares Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Friday, February 28th were given a $0.3359 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.34 dividend on an annualized basis and a dividend yield of 6.38%.
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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