Short Interest in GBank Financial Holdings Inc. (OTCMKTS:GBFH) Declines By 6.3%

GBank Financial Holdings Inc. (OTCMKTS:GBFH) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 1,500 shares, a drop of 6.3% from the September 30th total of 1,600 shares. Based on an average daily volume of 25,700 shares, the short-interest ratio is currently 0.1 days.

GBank Financial Trading Down 0.4 %

Shares of GBank Financial stock opened at $28.50 on Friday. GBank Financial has a 52-week low of $12.21 and a 52-week high of $29.50. The stock has a 50-day simple moving average of $22.75 and a 200-day simple moving average of $18.87.

GBank Financial (OTCMKTS:GBFH) last announced its quarterly earnings results on Tuesday, July 30th. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.28 by $0.07. The company had revenue of $15.51 million for the quarter, compared to analyst estimates of $14.10 million. Equities research analysts expect that GBank Financial will post 1.26 EPS for the current fiscal year.

GBank Financial Company Profile

GBank Financial Holdings Inc operates as a bank holding company for GBank that provides banking services to commercial and consumer customers in Nevada. The company offers business and personal checking and savings accounts. It also provides small business administration loans; commercial real estate, equipment, business term, and medical/professional loans; business lines of credit; accounts receivable/inventory financing services; and credit cards.