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

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

Fulton Financial Trading Up 0.4 %

Shares of FULTP stock opened at $20.16 on Friday. The stock has a 50 day moving average of $19.48 and a 200 day moving average of $18.74. Fulton Financial has a twelve month low of $15.18 and a twelve month high of $21.22.

Fulton Financial Dividend Announcement

The business also recently declared 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 annualized dividend and a yield of 6.35%. The ex-dividend date was Monday, September 30th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Fulton Financial stock. PNC Financial Services Group Inc. acquired a new stake in Fulton Financial Co. (NASDAQ:FULTP) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,500 shares of the company’s stock, valued at approximately $42,000.

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.