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

First Guaranty Bancshares, Inc. (NASDAQ:FGBIP) was the target of a large growth in short interest in the month of 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 currently 1.9 days.

First Guaranty Bancshares Stock Performance

Shares of NASDAQ FGBIP opened at $21.24 on Monday. First Guaranty Bancshares has a fifty-two week low of $16.48 and a fifty-two week high of $23.25. The stock has a fifty day moving average of $21.77 and a 200-day moving average of $20.56.

First Guaranty Bancshares Dividend Announcement

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

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.