Short Interest in Fulton Financial Co. (NASDAQ:FULTP) Grows By 52.7%

Fulton Financial Co. (NASDAQ:FULTP) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 9,666 shares, a growth of 52.7% from the January 15th total of 6,331 shares. Based on an average daily trading volume, of 11,941 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily trading volume, of 11,941 shares, the days-to-cover ratio is currently 0.8 days.

Fulton Financial Stock Up 0.6%

Fulton Financial stock traded up $0.12 during midday trading on Friday, hitting $18.70. 4,688 shares of the stock were exchanged, compared to its average volume of 12,026. The company has a fifty day simple moving average of $18.87 and a two-hundred day simple moving average of $19.38. Fulton Financial has a 52 week low of $17.25 and a 52 week high of $20.83.

Fulton Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a $0.3203 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 6.9%. The ex-dividend date of this dividend was Wednesday, December 31st.

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.