Fulton Financial Co. (NASDAQ:FULTP) Short Interest Update

Fulton Financial Co. (NASDAQ:FULTP) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totalling 4,500 shares, a growth of 9.8% from the August 31st total of 4,100 shares. Based on an average daily trading volume, of 14,500 shares, the short-interest ratio is currently 0.3 days.

Fulton Financial Price Performance

NASDAQ FULTP traded up $0.07 during mid-day trading on Tuesday, reaching $19.46. 17,419 shares of the stock were exchanged, compared to its average volume of 15,449. Fulton Financial has a one year low of $14.56 and a one year high of $20.28. The stock has a 50 day simple moving average of $18.72 and a 200-day simple moving average of $18.53.

Fulton Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be issued a dividend of $0.3203 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 6.58%. The ex-dividend date of this dividend is Monday, September 30th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Fulton Financial stock. PNC Financial Services Group Inc. bought a new stake in Fulton Financial Co. (NASDAQ:FULTP) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,500 shares of the company’s stock, valued at approximately $42,000.

Fulton Financial Company Profile

Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services in Pennsylvania, Delaware, Maryland, New Jersey, and Virginia. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts.