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

Fulton Financial Co. (NASDAQ:FULTP) saw 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 trading volume, of 14,000 shares, the short-interest ratio is currently 2.9 days.

Fulton Financial Trading Down 0.1 %

Shares of NASDAQ:FULTP traded down $0.02 during trading on Tuesday, reaching $19.90. The stock had a trading volume of 8,946 shares, compared to its average volume of 9,843. Fulton Financial has a 52 week low of $16.71 and a 52 week high of $21.22. The firm’s fifty day moving average is $20.29 and its 200 day moving average is $19.42.

Fulton Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.3203 per share. The ex-dividend date is Tuesday, December 31st. This represents a $1.28 dividend on an annualized basis and a yield of 6.44%.

Fulton Financial Company Profile

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.