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

Fulton Financial Co. (NASDAQ:FULTP) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 9,700 shares, a growth of 7.8% from the September 30th total of 9,000 shares. Based on an average daily trading volume, of 15,500 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On Fulton Financial

A hedge fund recently bought a new stake in Fulton Financial stock. PNC Financial Services Group Inc. purchased a new stake in Fulton Financial Co. (NASDAQ:FULTP) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 2,500 shares of the company’s stock, valued at approximately $42,000.

Fulton Financial Stock Up 0.4 %

Shares of FULTP stock opened at $20.16 on Friday. Fulton Financial has a 1-year low of $15.18 and a 1-year high of $21.22. The stock’s 50-day moving average is $19.48 and its 200 day moving average is $18.74.

Fulton Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a dividend of $0.3203 per share. This represents a $1.28 dividend on an annualized basis and a yield of 6.35%. The ex-dividend date was Monday, September 30th.

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.