Short Interest in Fifth Third Bancorp (NASDAQ:FITBP) Declines By 19.4%

Fifth Third Bancorp (NASDAQ:FITBP) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 51,000 shares, a drop of 19.4% from the February 13th total of 63,300 shares. Based on an average trading volume of 10,300 shares, the days-to-cover ratio is currently 5.0 days.

Fifth Third Bancorp Stock Up 0.4 %

FITBP stock opened at $24.85 on Tuesday. Fifth Third Bancorp has a 12 month low of $22.66 and a 12 month high of $25.90. The firm’s 50-day moving average is $24.77 and its 200 day moving average is $24.97.

Fifth Third Bancorp Company Profile

Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management.