Free Trial

First Guaranty Bancshares (FGBIP) Short Interest Ratio & Short Volume

$22.17 +0.03 (+0.14%)
(As of 11/22/2024 ET)

First Guaranty Bancshares Short Interest Data

First Guaranty Bancshares (FGBIP) has a short interest of 4,100 shares. This marks a 46.43% increase in short interest from the previous month. The short interest ratio (days to cover) is 1.6, indicating that it would take 1.6 days of the average trading volume of 2,345 shares to cover all short positions.

Current Short Interest
4,100 shares
Previous Short Interest
2,800 shares
Change Vs. Previous Month
+46.43%
Dollar Volume Sold Short
$89,216.00
Short Interest Ratio
1.6 Days to Cover
Last Record Date
October 31, 2024
Today's Trading Volume
939 shares
Average Trading Volume
2,345 shares
Today's Volume Vs. Average
40%
Short Selling First Guaranty Bancshares?
cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook

Sign up to receive the latest short interest report for First Guaranty Bancshares and its competitors with MarketBeat's FREE newsletter.

Skip Charts & View Short Interest History

FGBIP Short Interest Over Time

FGBIP Days to Cover Over Time

FGBIP Percentage of Float Shorted Over Time

First Guaranty Bancshares Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/31/20244,100 shares $89,216.00 +46.4%N/A1.6 $21.76
10/15/20242,800 shares $59,024.00 -37.8%N/A1 $21.08
9/30/20244,500 shares $96,480.00 -38.4%N/A1.7 $21.44
9/15/20247,300 shares $153,081.00 +284.2%N/A2.6 $20.97
8/31/20241,900 shares $37,741.60 +72.7%N/A0.8 $19.86
8/15/20241,100 shares $22,066.00 -8.3%N/A0.5 $20.06
7/31/20241,200 shares $24,420.00 -40.0%N/A0.5 $20.35
7/15/20242,000 shares $38,780.00 No ChangeN/A1 $19.39
5/15/2023100 shares $1,691.00 No ChangeN/A0.1 $16.91
2/28/2023900 shares $21,564.00 -43.8%N/A0.6 $23.96
2/15/20231,600 shares $40,000.00 +6.7%N/A1.3 $25.00
1/31/20231,500 shares $37,545.00 -31.8%N/A1.5 $25.03
1/15/20232,200 shares $55,000.00 -8.3%N/A2.4 $25.00
12/30/20222,400 shares $57,648.00 +60.0%N/A2.4 $24.02
12/15/20221,500 shares $37,050.00 +1,400.0%N/A1.4 $24.70
11/30/2022100 shares $2,497.00 -83.3%N/A0.1 $24.97
11/15/2022600 shares $14,928.00 -68.4%N/A0.5 $24.88
10/31/20221,900 shares $46,935.70 +375.0%N/A1.4 $24.70
10/15/2022400 shares $9,800.00 -60.0%N/A0.3 $24.50
9/30/20221,000 shares $24,000.00 +233.3%N/A0.6 $24.00
9/15/2022300 shares $7,500.00 No ChangeN/A0.1 $25.00
8/31/2022300 shares $7,530.00 -62.5%N/A0.1 $25.10
8/15/2022800 shares $20,800.00 -20.0%N/A0.3 $26.00
7/31/20221,000 shares $26,650.00 No ChangeN/A0.3 $26.65
7/15/20221,000 shares $25,230.00 No ChangeN/A0.3 $25.23

FGBIP Short Interest - Frequently Asked Questions

What is First Guaranty Bancshares' current short interest?

Short interest is the volume of First Guaranty Bancshares shares that have been sold short but have not yet been closed out or covered. As of October 31st, traders have sold 4,100 shares of FGBIP short. Learn More on First Guaranty Bancshares' current short interest.

What is a good short interest ratio for First Guaranty Bancshares?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. FGBIP shares currently have a short interest ratio of 2.0. Learn More on First Guaranty Bancshares's short interest ratio.

Is First Guaranty Bancshares' short interest increasing or decreasing?

First Guaranty Bancshares saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 4,100 shares, an increase of 46.4% from the previous total of 2,800 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

How does First Guaranty Bancshares' short interest compare to its competitors?

Here is how the short interest of companies in the industry of "banking" compare to First Guaranty Bancshares: Banco BBVA Argentina S.A. (0.96%), Banco Macro S.A. (0.97%), Bancolombia S.A. (0.16%), Burford Capital Limited (4.08%), Deutsche Bank Aktiengesellschaft (0.44%), Intercorp Financial Services Inc. (0.14%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

What does it mean to sell short First Guaranty Bancshares stock?

Short selling FGBIP is an investing strategy that aims to generate trading profit from First Guaranty Bancshares as its price is falling. FGBIP shares are trading up $0.03 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against First Guaranty Bancshares?

A short squeeze for First Guaranty Bancshares occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of FGBIP, which in turn drives the price of the stock up even further.

How often is First Guaranty Bancshares' short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including FGBIP, twice per month. The most recent reporting period available is October, 31 2024.




This page (NASDAQ:FGBIP) was last updated on 11/24/2024 by MarketBeat.com Staff
From Our Partners