First Citizens BancShares, Inc. (NASDAQ:FCNCP) Short Interest Update

First Citizens BancShares, Inc. (NASDAQ:FCNCP) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 12,800 shares, a growth of 6.7% from the December 15th total of 12,000 shares. Based on an average daily trading volume, of 14,700 shares, the days-to-cover ratio is presently 0.9 days.

First Citizens BancShares Price Performance

First Citizens BancShares stock traded down $0.32 during mid-day trading on Monday, reaching $22.06. 19,927 shares of the company were exchanged, compared to its average volume of 13,721. The company has a fifty day simple moving average of $22.81 and a 200-day simple moving average of $22.96. First Citizens BancShares has a 12 month low of $20.38 and a 12 month high of $24.42.

First Citizens BancShares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were paid a $0.3359 dividend. This represents a $1.34 dividend on an annualized basis and a yield of 6.09%. The ex-dividend date of this dividend was 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.