Fulton Financial Co. (NASDAQ:FULTP) Short Interest Update

Fulton Financial Co. (NASDAQ:FULTP) saw a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 11,900 shares, a drop of 14.4% from the February 13th total of 13,900 shares. Based on an average daily trading volume, of 10,500 shares, the short-interest ratio is currently 1.1 days.

Fulton Financial Stock Performance

Shares of FULTP stock traded down $0.03 during midday trading on Thursday, hitting $19.91. 922 shares of the company were exchanged, compared to its average volume of 12,793. The firm’s 50 day moving average price is $19.94 and its two-hundred day moving average price is $19.97. Fulton Financial has a 52 week low of $16.78 and a 52 week high of $21.22.

Fulton Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.3203 dividend. This represents a $1.28 annualized dividend and a yield of 6.43%. The ex-dividend date is Monday, March 31st.

About Fulton Financial

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.