First Guaranty Bancshares, Inc. (NASDAQ:FGBIP) Short Interest Down 93.3% in March

First Guaranty Bancshares, Inc. (NASDAQ:FGBIP) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 100 shares, a decline of 93.3% from the February 28th total of 1,500 shares. Based on an average daily volume of 4,000 shares, the days-to-cover ratio is currently 0.0 days.

First Guaranty Bancshares Trading Up 0.2 %

FGBIP traded up $0.03 during trading on Friday, reaching $19.28. 1,462 shares of the company traded hands, compared to its average volume of 2,925. First Guaranty Bancshares has a 12-month low of $17.25 and a 12-month high of $23.25. The firm has a fifty day simple moving average of $20.13 and a 200 day simple moving average of $20.85.

First Guaranty Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Friday, February 14th were issued a $0.4219 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.69 dividend on an annualized basis and a yield of 8.75%.

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.