GBank Financial Holdings Inc. (OTCMKTS:GBFH) Short Interest Update

GBank Financial Holdings Inc. (OTCMKTS:GBFH) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 5,100 shares, an increase of 240.0% from the October 15th total of 1,500 shares. Based on an average trading volume of 29,000 shares, the days-to-cover ratio is presently 0.2 days.

GBank Financial Stock Performance

OTCMKTS GBFH opened at $28.85 on Thursday. GBank Financial has a 12 month low of $12.56 and a 12 month high of $30.25. The company’s 50-day moving average price is $24.37 and its 200-day moving average price is $19.74.

GBank Financial (OTCMKTS:GBFH) last issued its earnings results on Tuesday, October 22nd. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.07. The company had revenue of $16.12 million during the quarter, compared to the consensus estimate of $15.30 million. As a group, equities research analysts expect that GBank Financial will post 1.32 earnings per share for the current 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.