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

First Guaranty Bancshares, Inc. (NASDAQ:FGBIP) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 4,500 shares, a decrease of 38.4% from the September 15th total of 7,300 shares. Based on an average daily trading volume, of 2,700 shares, the days-to-cover ratio is currently 1.7 days.

First Guaranty Bancshares Price Performance

FGBIP opened at $20.95 on Friday. The stock’s 50 day moving average price is $20.82 and its 200-day moving average price is $19.58. First Guaranty Bancshares has a one year low of $15.84 and a one year high of $23.25.

First Guaranty Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were paid a $0.4219 dividend. The ex-dividend date was Thursday, August 15th. This represents a $1.69 annualized dividend and a yield of 8.05%.

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.