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

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

First Citizens BancShares Price Performance

First Citizens BancShares stock traded up $0.07 during trading hours on Tuesday, reaching $22.41. The company had a trading volume of 5,078 shares, compared to its average volume of 15,563. First Citizens BancShares has a 12-month low of $20.79 and a 12-month high of $24.42. The company has a 50-day moving average price of $22.69 and a 200 day moving average price of $22.94.

First Citizens BancShares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be issued a $0.3359 dividend. This represents a $1.34 dividend on an annualized basis and a yield of 6.00%. The ex-dividend date is Friday, February 28th.

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.