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

First Guaranty Bancshares, Inc. (NASDAQ:FGBIP) saw a significant 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 days-to-cover ratio is currently 0.6 days.

First Guaranty Bancshares Trading Down 0.8 %

Shares of FGBIP traded down $0.17 during trading hours on Friday, reaching $21.40. 2,283 shares of the company traded hands, compared to its average volume of 5,970. First Guaranty Bancshares has a 12 month low of $16.48 and a 12 month high of $23.25. The company’s fifty day moving average price is $20.66 and its two-hundred day moving average price is $20.89.

First Guaranty Bancshares Dividend Announcement

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

About First Guaranty Bancshares

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.