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

First Guaranty Bancshares, Inc. (NASDAQ:FGBIP) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 2,300 shares, a growth of 27.8% from the December 31st total of 1,800 shares. Based on an average daily volume of 3,700 shares, the short-interest ratio is presently 0.6 days.

First Guaranty Bancshares Stock Performance

First Guaranty Bancshares stock traded down $0.17 during mid-day trading on Friday, hitting $21.40. The company’s stock had a trading volume of 2,283 shares, compared to its average volume of 5,970. First Guaranty Bancshares has a one year low of $16.48 and a one year high of $23.25. The company has a 50 day moving average of $20.66 and a 200-day moving average of $20.89.

First Guaranty Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a $0.4219 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.69 annualized dividend and a dividend yield of 7.89%.

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.