Short Interest in Fulton Financial Co. (NASDAQ:FULTP) Expands By 267.9%

Fulton Financial Co. (NASDAQ:FULTP) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 41,200 shares, an increase of 267.9% from the December 31st total of 11,200 shares. Based on an average daily volume of 14,000 shares, the days-to-cover ratio is presently 2.9 days.

Fulton Financial Price Performance

FULTP stock traded down $0.02 during trading on Wednesday, hitting $19.39. 9,054 shares of the company’s stock traded hands, compared to its average volume of 9,823. The business has a fifty day simple moving average of $20.21 and a 200 day simple moving average of $19.57. Fulton Financial has a 52 week low of $16.71 and a 52 week high of $21.22.

Fulton Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a $0.3203 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.28 dividend on an annualized basis and a yield of 6.61%.

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.