First Citizens BancShares, Inc. (NASDAQ:FCNCO – Get Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 62,800 shares, a decrease of 25.1% from the May 15th total of 83,800 shares. Based on an average daily volume of 16,500 shares, the short-interest ratio is presently 3.8 days.
First Citizens BancShares Price Performance
Shares of NASDAQ FCNCO opened at $22.43 on Thursday. The stock has a 50 day moving average price of $22.00 and a 200 day moving average price of $22.45. First Citizens BancShares has a 52 week low of $20.57 and a 52 week high of $24.83.
First Citizens BancShares Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Friday, May 30th were given a $0.3516 dividend. The ex-dividend date of this dividend was Friday, May 30th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 6.27%.
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.
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