Fulton Financial Co. (NASDAQ:FULTP) Short Interest Down 69.2% in February

Fulton Financial Co. (NASDAQ:FULTP) saw a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 2,978 shares, a decrease of 69.2% from the January 29th total of 9,666 shares. Based on an average trading volume of 8,429 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 8,429 shares, the days-to-cover ratio is presently 0.4 days.

Fulton Financial Stock Up 1.6%

Shares of Fulton Financial stock opened at $19.15 on Thursday. Fulton Financial has a one year low of $17.25 and a one year high of $20.83. The business’s 50 day simple moving average is $18.79 and its two-hundred day simple moving average is $19.38.

Fulton Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a dividend of $0.3203 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.28 annualized dividend and a yield of 6.7%.

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.