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

Fulton Financial Co. (NASDAQ:FULTP) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 3,048 shares, a drop of 75.6% from the June 30th total of 12,517 shares. Based on an average trading volume of 18,429 shares, the short-interest ratio is currently 0.2 days.

Fulton Financial Price Performance

FULTP stock opened at $18.21 on Tuesday. Fulton Financial has a one year low of $17.68 and a one year high of $20.83. The company’s 50 day moving average price is $18.25 and its two-hundred day moving average price is $18.51.

Fulton Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a $0.3203 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 7.0%. The ex-dividend date was Tuesday, June 30th.

Fulton Financial Company Profile

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.