Fulton Financial Co. (NASDAQ:FULTP) Short Interest Up 109.9% in December

Fulton Financial Co. (NASDAQ:FULTP) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 4,177 shares, a growth of 109.9% from the December 15th total of 1,990 shares. Based on an average trading volume of 6,306 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 6,306 shares, the short-interest ratio is currently 0.7 days.

Fulton Financial Stock Up 0.3%

FULTP traded up $0.06 on Wednesday, hitting $18.60. 4,846 shares of the company’s stock traded hands, compared to its average volume of 10,861. The company’s 50 day simple moving average is $19.24 and its 200-day simple moving average is $19.33. Fulton Financial has a one year low of $17.25 and a one year high of $20.83.

Fulton Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be paid a dividend of $0.3203 per share. This represents a $1.28 annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend is Wednesday, December 31st.

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.