Fulton Financial Co. (NASDAQ:FULTP – Get Rating) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 7,600 shares, a growth of 81.0% from the August 31st total of 4,200 shares. Based on an average daily trading volume, of 12,200 shares, the days-to-cover ratio is presently 0.6 days.
Fulton Financial Stock Up 0.7 %
Shares of FULTP traded up $0.15 during mid-day trading on Friday, reaching $20.78. The company had a trading volume of 40,010 shares, compared to its average volume of 15,971. Fulton Financial has a 52-week low of $19.59 and a 52-week high of $26.80. The company has a 50 day moving average price of $21.48.
Get Fulton Financial alerts:Fulton Financial Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, October 17th. Stockholders of record on Sunday, October 2nd will be paid a $0.3203 dividend. The ex-dividend date of this dividend is Thursday, September 29th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 6.16%.
Fulton Financial Company Profile
(Get Rating)Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts. The company also offers secured consumer loans, including home equity loans and lines of credit, automobile loans, personal lines of credit, and checking account overdraft protection; construction and jumbo residential mortgage loans; and commercial lending products comprising commercial real estate, commercial and industrial, and construction loans, as well as equipment lease financing loans.
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