Fulton Financial Co. (NASDAQ:FULTP) Stock Short Interest Drops 39.1%

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

Fulton Financial Stock Down 1.9%

Shares of Fulton Financial stock traded down $0.31 on Friday, reaching $16.32. The company’s stock had a trading volume of 10,778 shares, compared to its average volume of 11,781. The stock has a 50-day moving average price of $17.50 and a 200-day moving average price of $18.01. Fulton Financial has a 52-week low of $15.91 and a 52-week high of $19.99.

Fulton Financial Announces Dividend

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

About Fulton Financial

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.