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

Fulton Financial Co. (NASDAQ:FULTP) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totaling 3,206 shares, a decline of 71.6% from the March 31st total of 11,275 shares. Based on an average trading volume of 9,070 shares, the days-to-cover ratio is presently 0.4 days.

Fulton Financial Trading Down 1.2%

Shares of NASDAQ:FULTP traded down $0.23 during trading on Monday, hitting $18.75. The company’s stock had a trading volume of 11,708 shares, compared to its average volume of 11,122. Fulton Financial has a fifty-two week low of $17.55 and a fifty-two week high of $20.83. The stock’s 50-day moving average price is $18.73 and its two-hundred day moving average price is $19.02.

Fulton Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were paid a dividend of $0.3203 per share. The ex-dividend date was Tuesday, March 31st. This represents a $1.28 annualized dividend and a yield of 6.8%.

Fulton Financial Company Profile

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.