Fulton Financial Co. (NASDAQ:FULTP) Short Interest Up 65.0% in December

Fulton Financial Co. (NASDAQ:FULTPGet Free Report) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 1,990 shares, an increase of 65.0% from the November 30th total of 1,206 shares. Based on an average trading volume of 6,291 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 6,291 shares, the days-to-cover ratio is currently 0.3 days.

Fulton Financial Stock Up 0.4%

FULTP stock traded up $0.07 during midday trading on Friday, reaching $19.25. 1,198 shares of the company were exchanged, compared to its average volume of 8,715. Fulton Financial has a 1-year low of $17.25 and a 1-year high of $20.83. The stock’s 50-day simple moving average is $19.47 and its 200 day simple moving average is $19.25.

Fulton Financial (NASDAQ:FULTPGet Free Report) last posted its earnings results on Tuesday, November 8th. The company reported $0.45 EPS for the quarter. The company had revenue of $236.96 million during the quarter.

Fulton Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be given a $0.3203 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $1.28 dividend on an annualized basis and a dividend yield of 6.7%.

About Fulton Financial

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Fulton Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fulton Financial and related companies with MarketBeat.com's FREE daily email newsletter.