First Guaranty Bancshares, Inc. (NASDAQ:FGBIP) Short Interest Up 20.6% in November

First Guaranty Bancshares, Inc. (NASDAQ:FGBIP) was the target of a significant growth in short interest in November. As of November 30th, there was short interest totalling 4,100 shares, a growth of 20.6% from the November 15th total of 3,400 shares. Based on an average daily volume of 2,200 shares, the short-interest ratio is currently 1.9 days.

First Guaranty Bancshares Price Performance

Shares of First Guaranty Bancshares stock opened at $21.24 on Monday. The business has a 50 day simple moving average of $21.77 and a two-hundred day simple moving average of $20.56. First Guaranty Bancshares has a 12 month low of $16.48 and a 12 month high of $23.25.

First Guaranty Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were paid a $0.4219 dividend. This represents a $1.69 annualized dividend and a yield of 7.95%. The ex-dividend date was Friday, November 15th.

About First Guaranty Bancshares

First Guaranty Bancshares, Inc operates as the holding company for First Guaranty Bank that provides commercial banking services in Louisiana and Texas. It offers various deposit products, including personal and business checking, savings, money market, and demand accounts, as well as time deposits to consumers, small businesses, and municipalities.