Fulton Financial Co. (NASDAQ:FULTP) Short Interest Up 52.7% in January

Fulton Financial Co. (NASDAQ:FULTP) saw a large growth in short interest in January. As of January 30th, there was short interest totaling 9,666 shares, a growth of 52.7% from the January 15th total of 6,331 shares. Based on an average daily volume of 11,941 shares, the short-interest ratio is currently 0.8 days. Based on an average daily volume of 11,941 shares, the short-interest ratio is currently 0.8 days.

Fulton Financial Price Performance

Shares of Fulton Financial stock traded up $0.12 during trading hours on Monday, reaching $18.70. 4,688 shares of the company’s stock were exchanged, compared to its average volume of 12,026. Fulton Financial has a 1 year low of $17.25 and a 1 year high of $20.83. The business has a fifty day moving average of $18.87 and a two-hundred day moving average of $19.39.

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 paid a $0.3203 dividend. This represents a $1.28 annualized dividend and a dividend yield of 6.9%. The ex-dividend date was Wednesday, December 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.