Fulton Financial Co. (NASDAQ:FULTP) Short Interest Down 52.9% in December

Fulton Financial Co. (NASDAQ:FULTP) saw a large drop in short interest in December. As of December 15th, there was short interest totalling 11,200 shares, a drop of 52.9% from the November 30th total of 23,800 shares. Based on an average trading volume of 14,000 shares, the days-to-cover ratio is presently 0.8 days.

Fulton Financial Trading Up 0.8 %

Shares of NASDAQ FULTP traded up $0.16 during trading on Friday, reaching $20.44. The company had a trading volume of 7,504 shares, compared to its average volume of 14,882. Fulton Financial has a 12-month low of $16.57 and a 12-month high of $21.22. The business’s 50-day moving average is $20.35 and its 200 day moving average is $19.24.

Fulton Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.3203 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 6.27%. The ex-dividend date is 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.