Fulton Financial Co. (NASDAQ:FULTP) Short Interest Up 74.2% in August

Fulton Financial Co. (NASDAQ:FULTP) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 3,396 shares, an increase of 74.2% from the August 15th total of 1,949 shares. Based on an average daily trading volume, of 12,087 shares, the short-interest ratio is currently 0.3 days.

Fulton Financial Price Performance

Shares of FULTP traded up $0.14 during mid-day trading on Thursday, hitting $17.84. The company had a trading volume of 3,599 shares, compared to its average volume of 11,741. Fulton Financial has a 1-year low of $17.21 and a 1-year high of $20.80. The business’s 50-day simple moving average is $17.81 and its 200-day simple moving average is $18.26.

Fulton Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.3203 per share. This represents a $1.28 dividend on an annualized basis and a yield of 7.2%. The ex-dividend date of this dividend is Wednesday, September 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.