Short Interest in Fulton Financial Co. (NASDAQ:FULTP) Grows By 267.9%

Fulton Financial Co. (NASDAQ:FULTP) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 41,200 shares, a growth of 267.9% from the December 31st total of 11,200 shares. Based on an average daily trading volume, of 14,000 shares, the days-to-cover ratio is presently 2.9 days.

Fulton Financial Stock Down 1.1 %

Shares of FULTP traded down $0.22 during mid-day trading on Tuesday, reaching $19.41. The company had a trading volume of 10,149 shares, compared to its average volume of 9,968. The firm has a fifty day simple moving average of $20.21 and a 200-day simple moving average of $19.57. Fulton Financial has a fifty-two week low of $16.71 and a fifty-two week high of $21.22.

Fulton Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a $0.3203 dividend. This represents a $1.28 annualized dividend and a yield of 6.60%. The ex-dividend date of this dividend was Tuesday, December 31st.

Fulton Financial Company Profile

Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services in Pennsylvania, Delaware, Maryland, New Jersey, and Virginia. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts.