Fulton Financial Co. (NASDAQ:FULTP) Short Interest Update

Fulton Financial Co. (NASDAQ:FULTP) was the target of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 1,949 shares, a drop of 45.3% from the July 30th total of 3,561 shares. Based on an average daily volume of 13,515 shares, the short-interest ratio is currently 0.1 days.

Fulton Financial Trading Down 0.1%

Shares of Fulton Financial stock traded down $0.01 during trading hours on Tuesday, reaching $17.77. 7,924 shares of the stock traded hands, compared to its average volume of 12,134. Fulton Financial has a one year low of $17.21 and a one year high of $20.83. The company has a 50 day moving average price of $17.88 and a 200 day moving average price of $18.35.

Fulton Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a dividend of $0.3203 per share. This represents a $1.28 annualized dividend and a yield of 7.2%. The ex-dividend date was Tuesday, June 30th.

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.