Short Interest in Fulton Financial Co. (NASDAQ:FULTP) Expands By 74.2%

Fulton Financial Co. (NASDAQ:FULTP) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 3,396 shares, a growth of 74.2% from the August 15th total of 1,949 shares. Based on an average daily volume of 12,087 shares, the short-interest ratio is currently 0.3 days.

Fulton Financial Stock Performance

Shares of FULTP opened at $17.93 on Friday. Fulton Financial has a 52 week low of $17.21 and a 52 week high of $20.80. The stock’s 50-day moving average price is $17.81 and its 200-day moving average price is $18.25.

Fulton Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.3203 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $1.28 dividend on an annualized basis and a yield of 7.1%.

Fulton Financial Company Profile

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.