First Citizens BancShares, Inc. (NASDAQ:FCNCP) Short Interest Up 6.1% in March

First Citizens BancShares, Inc. (NASDAQ:FCNCP) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 3,500 shares, an increase of 6.1% from the March 15th total of 3,300 shares. Based on an average daily trading volume, of 31,900 shares, the days-to-cover ratio is currently 0.1 days.

First Citizens BancShares Trading Up 0.8 %

Shares of First Citizens BancShares stock traded up $0.17 during trading hours on Wednesday, reaching $21.31. The stock had a trading volume of 749 shares, compared to its average volume of 30,343. The stock’s 50 day moving average is $22.07 and its 200 day moving average is $20.96. First Citizens BancShares has a twelve month low of $18.69 and a twelve month high of $23.03.

First Citizens BancShares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were given a dividend of $0.3359 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $1.34 dividend on an annualized basis and a yield of 6.31%.

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.