Short Interest in Fulton Financial Co. (NASDAQ:FULTP) Increases By 42.8%

Fulton Financial Co. (NASDAQ:FULTP) was the recipient of a significant increase in short interest in March. As of March 31st, there was short interest totalling 19,700 shares, an increase of 42.8% from the March 15th total of 13,800 shares. Based on an average daily trading volume, of 9,700 shares, the short-interest ratio is presently 2.0 days.

Fulton Financial Stock Performance

Shares of NASDAQ FULTP traded up $0.42 during mid-day trading on Friday, hitting $18.55. 6,870 shares of the stock were exchanged, compared to its average volume of 12,976. The stock’s fifty day simple moving average is $19.67 and its two-hundred day simple moving average is $19.95. Fulton Financial has a twelve month low of $17.25 and a twelve month high of $21.22.

Fulton Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a $0.3203 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 6.91%. The ex-dividend date of this dividend was Monday, March 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.