First Guaranty Bancshares, Inc. (NASDAQ:FGBIP) Short Interest Up 60.0% in December

First Guaranty Bancshares, Inc. (NASDAQ:FGBIPGet Rating) was the recipient of a large increase in short interest in December. As of December 30th, there was short interest totalling 2,400 shares, an increase of 60.0% from the December 15th total of 1,500 shares. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is currently 2.4 days.

First Guaranty Bancshares Price Performance

NASDAQ FGBIP opened at $24.75 on Friday. First Guaranty Bancshares has a 12 month low of $23.55 and a 12 month high of $29.00. The stock’s 50 day moving average is $24.82 and its 200 day moving average is $25.01.

First Guaranty Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 1st. Shareholders of record on Tuesday, November 15th were given a $0.4219 dividend. This represents a $1.69 annualized dividend and a yield of 6.82%. The ex-dividend date of this dividend was Monday, November 14th.

First Guaranty Bancshares Company Profile

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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.

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