Fulton Financial Co. (NASDAQ:FULTP) Short Interest Up 267.9% in January

Fulton Financial Co. (NASDAQ:FULTP) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totalling 41,200 shares, a growth of 267.9% from the December 31st total of 11,200 shares. Based on an average daily trading volume, of 14,000 shares, the short-interest ratio is currently 2.9 days.

Fulton Financial Price Performance

Shares of Fulton Financial stock traded down $0.11 during trading hours on Thursday, reaching $19.37. 14,958 shares of the company’s stock were exchanged, compared to its average volume of 10,814. The business has a fifty day moving average of $20.20 and a two-hundred day moving average of $19.57. Fulton Financial has a 1 year low of $16.71 and a 1 year high of $21.22.

Fulton Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.3203 per share. This represents a $1.28 dividend on an annualized basis and a yield of 6.61%. The ex-dividend date of this dividend was Tuesday, December 31st.

Fulton Financial Company Profile

Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services in Pennsylvania, Delaware, Maryland, New Jersey, and Virginia. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts.