Fulton Financial Co. (NASDAQ:FULTP – Get Free Report) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 3,600 shares, a drop of 78.9% from the May 31st total of 17,100 shares. Based on an average daily trading volume, of 12,400 shares, the days-to-cover ratio is currently 0.3 days.
Institutional Investors Weigh In On Fulton Financial
An institutional investor recently bought a new position in Fulton Financial stock. PNC Financial Services Group Inc. purchased a new position in shares of Fulton Financial Co. (NASDAQ:FULTP – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,500 shares of the company’s stock, valued at approximately $42,000.
Fulton Financial Stock Performance
Shares of NASDAQ FULTP traded down $0.14 during midday trading on Thursday, reaching $18.27. 11,108 shares of the company were exchanged, compared to its average volume of 15,773. Fulton Financial has a 1 year low of $14.56 and a 1 year high of $19.90. The stock has a fifty day simple moving average of $18.53 and a 200 day simple moving average of $18.02.
Fulton Financial Announces Dividend
About Fulton Financial
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.
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