Fulton Financial Co. (NASDAQ:FULTP) Sees Large Drop in Short Interest

Fulton Financial Co. (NASDAQ:FULTP) was the target of a significant decline in short interest in February. As of February 13th, there was short interest totaling 2,978 shares, a decline of 69.2% from the January 29th total of 9,666 shares. Based on an average trading volume of 8,429 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 8,429 shares, the short-interest ratio is presently 0.4 days.

Fulton Financial Stock Performance

Shares of NASDAQ FULTP opened at $19.15 on Thursday. The firm has a fifty day simple moving average of $18.79 and a two-hundred day simple moving average of $19.38. Fulton Financial has a 12 month low of $17.25 and a 12 month high of $20.83.

Fulton Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a $0.3203 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $1.28 annualized dividend and a yield of 6.7%.

About Fulton Financial

Fulton Financial Corporation (NASDAQ:FULTP) is a diversified financial services holding company headquartered in Lancaster, Pennsylvania. Through its primary banking subsidiary, Fulton Bank, N.A., the company delivers a broad range of retail and commercial banking products, including deposit accounts, consumer and commercial loans, treasury and cash management solutions, and mortgage origination services.

In addition to traditional banking, Fulton Financial offers wealth management and brokerage services, as well as insurance and leasing products designed to meet the needs of individuals, businesses, and municipalities.