First Citizens BancShares, Inc. (NASDAQ:FCNCP) Short Interest Up 546.7% in March

First Citizens BancShares, Inc. (NASDAQ:FCNCP) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 77,600 shares, a growth of 546.7% from the March 15th total of 12,000 shares. Based on an average trading volume of 27,400 shares, the days-to-cover ratio is currently 2.8 days.

First Citizens BancShares Stock Up 0.5 %

NASDAQ:FCNCP traded up $0.10 on Tuesday, reaching $20.05. 12,078 shares of the stock traded hands, compared to its average volume of 17,212. The company’s fifty day simple moving average is $21.89 and its 200 day simple moving average is $22.65. First Citizens BancShares has a 12 month low of $19.30 and a 12 month high of $24.42.

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.