Fulton Financial Co. (NASDAQ:FULTP) Short Interest Up 65.0% in December

Fulton Financial Co. (NASDAQ:FULTP) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 1,990 shares, an increase of 65.0% from the November 30th total of 1,206 shares. Based on an average trading volume of 6,291 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 6,291 shares, the short-interest ratio is currently 0.3 days.

Fulton Financial Price Performance

Shares of FULTP traded up $0.08 on Tuesday, hitting $19.23. 1,024 shares of the stock traded hands, compared to its average volume of 8,679. Fulton Financial has a one year low of $17.25 and a one year high of $20.83. The business has a 50 day simple moving average of $19.46 and a 200 day simple moving average of $19.27.

Fulton Financial (NASDAQ:FULTP) last issued its earnings results on Tuesday, November 8th. The company reported $0.45 earnings per share for the quarter. The business had revenue of $236.96 million during the quarter.

Fulton Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be paid a dividend of $0.3203 per share. The ex-dividend date is Wednesday, December 31st. This represents a $1.28 dividend on an annualized basis and a yield of 6.7%.

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.