Fifth Third Bancorp (NASDAQ:FITBO) Short Interest Update

Fifth Third Bancorp (NASDAQ:FITBO – Get Rating) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totalling 6,200 shares, an increase of 129.6% from the April 15th total of 2,700 shares. Based on an average daily trading volume, of 27,700 shares, the days-to-cover ratio is currently 0.2 days.

Fifth Third Bancorp stock traded down $0.01 during mid-day trading on Friday, reaching $20.38. 30,949 shares of the company were exchanged, compared to its average volume of 26,371. Fifth Third Bancorp has a 12-month low of $19.76 and a 12-month high of $28.17.

About Fifth Third Bancorp (Get Rating)

Fifth Third Bancorp operates as a diversified financial services company in the United States. The company's Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and cash management, foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers.

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