Fulton Financial Co. (NASDAQ:FULTP – Get Free Report) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 8,500 shares, an increase of 431.3% from the June 30th total of 1,600 shares. Based on an average daily trading volume, of 13,800 shares, the days-to-cover ratio is currently 0.6 days.
Fulton Financial Price Performance
Shares of FULTP stock traded down $0.12 on Friday, hitting $18.67. 11,558 shares of the company’s stock were exchanged, compared to its average volume of 15,438. Fulton Financial has a 12 month low of $14.56 and a 12 month high of $19.90. The company has a 50 day moving average of $18.39 and a 200 day moving average of $18.17.
Fulton Financial Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Sunday, June 30th were given a dividend of $0.3203 per share. The ex-dividend date of this dividend was Friday, June 28th. This represents a $1.28 annualized dividend and a dividend yield of 6.86%.
Institutional Trading of Fulton Financial
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.
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