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

First Guaranty Bancshares, Inc. (NASDAQ:FGBIPGet Rating) was the target of a large increase in short interest during the month of 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 volume of 1,000 shares, the short-interest ratio is presently 2.4 days.

First Guaranty Bancshares Stock Performance

Shares of FGBIP opened at $24.75 on Friday. First Guaranty Bancshares has a one year low of $23.55 and a one year high of $29.00. The company’s fifty day moving average price is $24.82 and its 200 day moving average price is $25.01.

First Guaranty Bancshares Dividend Announcement

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

About First Guaranty Bancshares

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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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