Fulton Financial Co. (NASDAQ:FULTP) Short Interest Update

Fulton Financial Co. (NASDAQ:FULTP) was the target of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 11,000 shares, an increase of 41.0% from the January 15th total of 7,800 shares. Based on an average daily trading volume, of 12,300 shares, the days-to-cover ratio is currently 0.9 days.

Fulton Financial Stock Performance

Shares of NASDAQ:FULTP traded down $0.04 during mid-day trading on Friday, hitting $19.95. 2,794 shares of the company traded hands, compared to its average volume of 10,746. Fulton Financial has a 52-week low of $16.78 and a 52-week high of $21.22. The firm’s 50 day simple moving average is $19.99 and its 200 day simple moving average is $19.67.

Fulton Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.3203 per share. The ex-dividend date was Tuesday, December 31st. This represents a $1.28 annualized dividend and a yield of 6.42%.

About Fulton Financial

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.