Short Interest in Fulton Financial Co. (NASDAQ:FULTP) Declines By 75.9%

Fulton Financial Co. (NASDAQ:FULTP) saw a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 4,034 shares, a drop of 75.9% from the February 26th total of 16,740 shares. Based on an average daily trading volume, of 8,434 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 8,434 shares, the days-to-cover ratio is presently 0.5 days.

Fulton Financial Trading Down 0.3%

Shares of FULTP traded down $0.07 during trading hours on Wednesday, hitting $18.63. The company had a trading volume of 5,004 shares, compared to its average volume of 11,421. Fulton Financial has a one year low of $17.25 and a one year high of $20.83. The company’s fifty day moving average price is $18.79 and its two-hundred day moving average price is $19.30.

Fulton Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a $0.3203 dividend. This represents a $1.28 annualized dividend and a yield of 6.9%. The ex-dividend date is Tuesday, March 31st.

About Fulton Financial

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.