First Guaranty Bancshares, Inc. (NASDAQ:FGBIP) Short Interest Up 263.2% in August

First Guaranty Bancshares, Inc. (NASDAQ:FGBIP) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 138 shares, an increase of 263.2% from the August 15th total of 38 shares. Based on an average trading volume of 4,136 shares, the short-interest ratio is currently 0.0 days.

First Guaranty Bancshares Stock Down 0.7%

Shares of FGBIP stock traded down $0.12 on Friday, reaching $17.89. The company had a trading volume of 9,108 shares, compared to its average volume of 3,006. First Guaranty Bancshares has a one year low of $14.41 and a one year high of $21.46. The business’s 50-day moving average is $19.39 and its 200 day moving average is $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 given a dividend of $0.4219 per share. This represents a $1.69 dividend on an annualized basis and a yield of 9.4%. The ex-dividend date was Friday, August 14th.

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.