First Guaranty Bancshares, Inc. (NASDAQ:FGBIP) Short Interest Down 81.6% in July

First Guaranty Bancshares, Inc. (NASDAQ:FGBIP) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 122 shares, a decrease of 81.6% from the July 15th total of 662 shares. Based on an average daily volume of 2,373 shares, the days-to-cover ratio is presently 0.1 days.

First Guaranty Bancshares Trading Down 0.6%

Shares of FGBIP stock opened at $19.79 on Wednesday. First Guaranty Bancshares has a twelve month low of $14.41 and a twelve month high of $21.46. The stock has a fifty day simple moving average of $19.99 and a two-hundred day simple moving average of $18.86.

First Guaranty Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Saturday, August 15th will be given a dividend of $0.4219 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.69 dividend on an annualized basis and a yield of 8.5%.

About First Guaranty Bancshares

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.