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

Fulton Financial Co. (NASDAQ:FULTP) was the recipient of a significant growth in short interest during 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 presently 0.8 days. Based on an average daily trading volume, of 11,941 shares, the days-to-cover ratio is presently 0.8 days.

Fulton Financial Trading Up 0.6%

FULTP traded up $0.12 during midday trading on Friday, reaching $18.70. 4,688 shares of the company’s stock traded hands, compared to its average volume of 12,026. Fulton Financial has a 52 week low of $17.25 and a 52 week high of $20.83. The firm has a fifty day moving average of $18.87 and a two-hundred day moving average of $19.39.

Fulton Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were given a dividend of $0.3203 per share. 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.