Short Interest in First Guaranty Bancshares, Inc. (NASDAQ:FGBIP) Expands By 200.0%

First Guaranty Bancshares, Inc. (NASDAQ:FGBIP) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 300 shares, a growth of 200.0% from the January 31st total of 100 shares. Based on an average daily volume of 4,000 shares, the short-interest ratio is presently 0.1 days.

First Guaranty Bancshares Stock Up 1.7 %

FGBIP traded up $0.33 on Friday, reaching $19.95. The company had a trading volume of 3,427 shares, compared to its average volume of 4,112. First Guaranty Bancshares has a fifty-two week low of $17.07 and a fifty-two week high of $23.25. The company’s fifty day moving average is $20.28 and its 200 day moving average is $20.95.

First Guaranty Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be issued a $0.4219 dividend. This represents a $1.69 dividend on an annualized basis and a yield of 8.46%. The ex-dividend date is Friday, February 14th.

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.