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

Fulton Financial Co. (NASDAQ:FULTP) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 3,396 shares, a growth of 74.2% from the August 15th total of 1,949 shares. Based on an average daily volume of 12,087 shares, the short-interest ratio is currently 0.3 days.

Fulton Financial Trading Down 0.3%

FULTP stock traded down $0.05 on Wednesday, hitting $17.70. The company had a trading volume of 13,215 shares, compared to its average volume of 11,787. The stock’s 50-day simple moving average is $17.81 and its 200 day simple moving average is $18.27. Fulton Financial has a 12-month low of $17.21 and a 12-month high of $20.83.

Fulton Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be given a dividend of $0.3203 per share. This represents a $1.28 dividend on an annualized basis and a yield of 7.2%. The ex-dividend date is Wednesday, September 30th.

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.