First Guaranty Bancshares, Inc. (NASDAQ:FGBIP) Short Interest Update

First Guaranty Bancshares, Inc. (NASDAQ:FGBIP) was the recipient of a large growth in short interest in November. As of November 30th, there was short interest totalling 4,100 shares, a growth of 20.6% from the November 15th total of 3,400 shares. Based on an average daily trading volume, of 2,200 shares, the days-to-cover ratio is presently 1.9 days.

First Guaranty Bancshares Price Performance

FGBIP opened at $21.24 on Monday. First Guaranty Bancshares has a 1-year low of $16.48 and a 1-year high of $23.25. The company has a 50-day moving average of $21.77 and a 200-day moving average of $20.56.

First Guaranty Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were issued a $0.4219 dividend. This represents a $1.69 annualized dividend and a yield of 7.95%. The ex-dividend date was Friday, November 15th.

First Guaranty Bancshares Company Profile

First Guaranty Bancshares, Inc operates as the holding company for First Guaranty Bank that provides commercial banking services in Louisiana and Texas. It offers various deposit products, including personal and business checking, savings, money market, and demand accounts, as well as time deposits to consumers, small businesses, and municipalities.