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

First Guaranty Bancshares, Inc. (NASDAQ:FGBIP) was the target of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 38 shares, a decrease of 68.9% from the July 30th total of 122 shares. Based on an average trading volume of 4,394 shares, the days-to-cover ratio is presently 0.0 days.

First Guaranty Bancshares Trading Down 0.8%

Shares of First Guaranty Bancshares stock opened at $18.93 on Thursday. First Guaranty Bancshares has a 12 month low of $14.41 and a 12 month high of $21.46. The business’s 50-day moving average price is $19.73 and its 200-day moving average price is $19.01.

First Guaranty Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Saturday, August 15th will be paid a $0.4219 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.69 annualized dividend and a dividend yield of 8.9%.

First Guaranty Bancshares Company Profile

First Guaranty Bancshares, Inc is a bank holding company headquartered in Hammond, Louisiana, operating through its wholly owned subsidiary, First Guaranty Bank. The company delivers a full suite of commercial banking products and services, including checking and savings accounts, certificates of deposit, and online banking tools. Its lending portfolio encompasses commercial and industrial loans, real estate financing, agriculture loans, and consumer credit, designed to meet the needs of businesses, municipalities, and individual customers in its core markets.

Established in 1934, First Guaranty Bancshares has expanded from a single community bank into a regional financial institution serving Southeast Louisiana and Southwest Mississippi.