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

First Guaranty Bancshares, Inc. (NASDAQ:FGBIP) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 6,807 shares, a growth of 623.4% from the April 15th total of 941 shares. Based on an average daily volume of 3,865 shares, the days-to-cover ratio is currently 1.8 days.

First Guaranty Bancshares Stock Performance

Shares of First Guaranty Bancshares stock traded up $0.01 on Tuesday, hitting $20.51. The stock had a trading volume of 1,324 shares, compared to its average volume of 2,940. The stock has a 50 day moving average of $17.86 and a 200 day moving average of $16.92. First Guaranty Bancshares has a twelve month low of $14.41 and a twelve month high of $21.46.

First Guaranty Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 15th will be paid a dividend of $0.4219 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.69 annualized dividend and a dividend yield of 8.2%.

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.