First Guaranty Bancshares, Inc. (NASDAQ:FGBIP – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,088 shares, an increase of 688.4% from the August 31st total of 138 shares. Based on an average daily trading volume, of 6,709 shares, the days-to-cover ratio is currently 0.2 days.
First Guaranty Bancshares Trading Down 0.7%
FGBIP stock opened at $17.75 on Friday. First Guaranty Bancshares has a fifty-two week low of $14.41 and a fifty-two week high of $21.46. The stock has a fifty day moving average of $18.98 and a 200-day moving average of $19.05.
First Guaranty Bancshares Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Saturday, August 15th were issued a dividend of $0.4219 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $1.69 dividend on an annualized basis and a yield of 9.5%.
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.
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