First Guaranty Bancshares, Inc. (NASDAQ:FGBIP – Get Rating) saw a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 1,600 shares, a growth of 6.7% from the January 31st total of 1,500 shares. Based on an average daily trading volume, of 1,200 shares, the short-interest ratio is presently 1.3 days.

First Guaranty Bancshares Stock Performance

Shares of First Guaranty Bancshares stock traded up $0.07 during trading hours on Tuesday, hitting $24.00. The company's stock had a trading volume of 4,085 shares, compared to its average volume of 1,595. First Guaranty Bancshares has a twelve month low of $23.50 and a twelve month high of $28.32. The firm has a fifty day moving average of $24.80 and a 200-day moving average of $24.80.

First Guaranty Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 1st. Stockholders of record on Wednesday, February 15th were paid a $0.4219 dividend. This represents a $1.69 annualized dividend and a dividend yield of 7.03%. The ex-dividend date was Tuesday, February 14th.

About First Guaranty Bancshares

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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.

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