Short Interest in Fulton Financial Co. (NASDAQ:FULTP) Increases By 462.1%

Fulton Financial Co. (NASDAQ:FULTPGet Free Report) was the recipient of a large growth in short interest in February. As of February 27th, there was short interest totaling 16,740 shares, a growth of 462.1% from the February 12th total of 2,978 shares. Based on an average daily volume of 11,682 shares, the days-to-cover ratio is presently 1.4 days. Based on an average daily volume of 11,682 shares, the days-to-cover ratio is presently 1.4 days.

Fulton Financial Stock Performance

Shares of FULTP stock opened at $19.08 on Wednesday. Fulton Financial has a 1-year low of $17.25 and a 1-year high of $20.83. The business has a 50-day moving average of $18.78 and a 200 day moving average of $19.36.

Fulton Financial Announces Dividend

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

Fulton Financial Company Profile

(Get Free Report)

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.

Further Reading

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