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

Fulton Financial Co. (NASDAQ:FULTP) was the recipient of a significant increase in short interest in the month of 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 volume of 14,000 shares, the short-interest ratio is presently 2.9 days.

Fulton Financial Stock Performance

Shares of Fulton Financial stock traded down $0.07 on Wednesday, reaching $19.83. 15,089 shares of the company were exchanged, compared to its average volume of 10,420. The stock’s 50 day moving average price is $20.28 and its 200-day moving average price is $19.44. Fulton Financial has a 1-year low of $16.71 and a 1-year high of $21.22.

Fulton Financial Dividend Announcement

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

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.