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

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

Fulton Financial Stock Up 0.1 %

Shares of FULTP stock traded up $0.02 on Monday, hitting $19.92. 9,943 shares of the stock were exchanged, compared to its average volume of 9,978. The firm’s 50 day moving average is $20.29 and its two-hundred day moving average is $19.41. Fulton Financial has a one year low of $16.71 and a one year high of $21.22.

Fulton Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given a $0.3203 dividend. This represents a $1.28 annualized dividend and a dividend yield of 6.43%. The ex-dividend date is Tuesday, December 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.