Fulton Financial Co. (NASDAQ:FULTP) Sees Significant Increase in Short Interest

Fulton Financial Co. (NASDAQ:FULTP) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 6,331 shares, a growth of 51.6% from the December 31st total of 4,177 shares. Based on an average daily trading volume, of 14,168 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 14,168 shares, the short-interest ratio is presently 0.4 days.

Fulton Financial Price Performance

Fulton Financial stock traded down $0.35 during trading hours on Friday, hitting $18.43. The company had a trading volume of 56,463 shares, compared to its average volume of 13,763. The company has a 50-day moving average price of $19.02 and a two-hundred day moving average price of $19.38. Fulton Financial has a 1 year low of $17.25 and a 1 year high of $20.83.

Fulton Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were paid a $0.3203 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.28 annualized dividend and a yield of 7.0%.

About Fulton Financial

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.