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

First Guaranty Bancshares, Inc. (NASDAQ:FGBIP) saw a significant decrease in short interest in October. As of October 15th, there was short interest totalling 2,800 shares, a decrease of 37.8% from the September 30th total of 4,500 shares. Based on an average daily volume of 2,700 shares, the short-interest ratio is presently 1.0 days.

First Guaranty Bancshares Stock Down 0.2 %

NASDAQ:FGBIP traded down $0.05 during trading hours on Tuesday, reaching $21.80. 412 shares of the stock were exchanged, compared to its average volume of 2,392. The business has a 50-day moving average of $21.07 and a two-hundred day moving average of $19.87. First Guaranty Bancshares has a twelve month low of $15.84 and a twelve month high of $23.25.

First Guaranty Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be paid a dividend of $0.4219 per share. This represents a $1.69 dividend on an annualized basis and a yield of 7.74%. The ex-dividend date is Friday, November 15th.

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.