Fulton Financial Co. (NASDAQ:FULTP) Sees Significant Decrease in Short Interest

Fulton Financial Co. (NASDAQ:FULTP) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 2,068 shares, a decrease of 39.1% from the September 15th total of 3,396 shares. Based on an average daily trading volume, of 11,185 shares, the short-interest ratio is presently 0.2 days.

Fulton Financial Stock Down 1.9%

NASDAQ:FULTP opened at $16.32 on Friday. The stock has a 50 day moving average of $17.47 and a 200-day moving average of $18.00. Fulton Financial has a 52 week low of $15.91 and a 52 week high of $19.99.

Fulton Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were issued a dividend of $0.3202 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date of this dividend was Wednesday, September 30th.

Fulton Financial Company Profile

Fulton Financial Corporation is a regional financial services company headquartered in Lancaster, Pennsylvania. Through its principal subsidiary, Fulton Bank, the company provides banking and related financial services to individuals, families, businesses and institutions.

Its offerings include personal and business deposit accounts, residential and commercial lending, mortgages, credit cards, treasury management, cash management and online banking. Fulton also provides wealth management, investment and trust services, insurance solutions and other advisory services through specialized business units.

Fulton Financial serves customers across the Mid-Atlantic region, including communities in Pennsylvania, New Jersey, Maryland, Delaware and Virginia.