First Citizens BancShares, Inc. (NASDAQ:FCNCP) Short Interest Down 80.9% in January

First Citizens BancShares, Inc. (NASDAQ:FCNCP) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 15,481 shares, a decrease of 80.9% from the December 31st total of 80,985 shares. Based on an average daily volume of 25,750 shares, the short-interest ratio is currently 0.6 days. Based on an average daily volume of 25,750 shares, the short-interest ratio is currently 0.6 days.

First Citizens BancShares Trading Down 1.2%

Shares of First Citizens BancShares stock traded down $0.25 on Thursday, reaching $20.85. 21,233 shares of the stock were exchanged, compared to its average volume of 23,947. The business has a 50 day moving average price of $20.91 and a two-hundred day moving average price of $21.56. First Citizens BancShares has a twelve month low of $19.30 and a twelve month high of $23.50.

First Citizens BancShares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be paid a $0.3359 dividend. The ex-dividend date is Friday, February 27th. This represents a $1.34 dividend on an annualized basis and a dividend yield of 6.4%.

About First Citizens BancShares

First Citizens BancShares, Inc, headquartered in Raleigh, North Carolina, is a bank holding company and the parent of First Citizens Bank & Trust Company. Established in 1898, the institution has maintained a family‐controlled ownership structure, with members of the Holding family continuing to guide its strategic direction. Over more than a century of operation, First Citizens has built a reputation for conservative management and a focus on customer relationships.

The company’s core business activities encompass retail and commercial banking services.