Fulton Financial Co. (NASDAQ:FULTP) Sees Large Growth in Short Interest

Fulton Financial Co. (NASDAQ:FULTP) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 41,200 shares, an increase of 267.9% from the December 15th total of 11,200 shares. Based on an average daily trading volume, of 14,000 shares, the days-to-cover ratio is presently 2.9 days.

Fulton Financial Stock Down 0.4 %

Shares of NASDAQ FULTP traded down $0.07 during trading on Wednesday, hitting $19.83. 15,089 shares of the company were exchanged, compared to its average volume of 10,420. Fulton Financial has a 12-month low of $16.71 and a 12-month high of $21.22. The company has a fifty day moving average price of $20.28 and a 200-day moving average price of $19.44.

Fulton Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.3203 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $1.28 annualized dividend and a dividend yield of 6.46%.

Fulton Financial Company Profile

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.