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

Fulton Financial Co. (NASDAQ:FULTP) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 1,949 shares, a decrease of 45.3% from the July 30th total of 3,561 shares. Based on an average daily trading volume, of 13,515 shares, the days-to-cover ratio is currently 0.1 days.

Fulton Financial Trading Down 0.8%

FULTP stock traded down $0.15 during trading on Friday, hitting $17.88. The company had a trading volume of 3,904 shares, compared to its average volume of 12,199. Fulton Financial has a 52-week low of $17.21 and a 52-week high of $20.83. The company has a 50 day simple moving average of $17.89 and a 200-day simple moving average of $18.36.

Fulton Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a $0.3203 dividend. This represents a $1.28 annualized dividend and a dividend yield of 7.2%. The ex-dividend date of this dividend was Tuesday, June 30th.

Fulton Financial Company Profile

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.