Short Interest in Fifth Third Bancorp (NASDAQ:FITBP) Declines By 35.9%

Fifth Third Bancorp (NASDAQ:FITBP) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totaling 13,017 shares, a decrease of 35.9% from the November 30th total of 20,298 shares. Based on an average trading volume of 8,855 shares, the short-interest ratio is presently 1.5 days. Based on an average trading volume of 8,855 shares, the short-interest ratio is presently 1.5 days.

Fifth Third Bancorp Stock Up 0.4%

Fifth Third Bancorp stock opened at $24.93 on Friday. Fifth Third Bancorp has a 12 month low of $23.04 and a 12 month high of $25.50. The company has a fifty day moving average price of $24.87 and a two-hundred day moving average price of $24.61.

Fifth Third Bancorp (NASDAQ:FITBP) last issued its earnings results on Thursday, January 20th. The company reported $0.88 earnings per share for the quarter. The business had revenue of $814.00 million for the quarter.

Fifth Third Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 29th will be issued a $0.375 dividend. The ex-dividend date of this dividend is Monday, December 29th. This represents a $1.50 dividend on an annualized basis and a yield of 6.0%.

About Fifth Third Bancorp

Fifth Third Bancorp (NASDAQ:FITBP) is a diversified financial services company headquartered in Cincinnati, Ohio, operating through its banking subsidiary, Fifth Third Bank. The company provides a broad array of banking, lending, and wealth management services to individuals, small businesses, middle-market companies and large corporations. Its core offerings include deposit products, home and auto financing, credit cards, and treasury management solutions, complemented by insurance, investment advisory and trust services.

Founded in 1858 with the merger of Third National Bank and Fifth National Bank, Fifth Third has grown through strategic acquisitions and organic expansion to serve customers across a multi-state footprint in the Midwest and Southeast.