GBank Financial Holdings Inc. (OTCMKTS:GBFH) Sees Large Increase in Short Interest

GBank Financial Holdings Inc. (OTCMKTS:GBFH) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 20,000 shares, an increase of 194.1% from the December 15th total of 6,800 shares. Based on an average daily volume of 25,300 shares, the days-to-cover ratio is currently 0.8 days.

GBank Financial Stock Up 3.0 %

GBank Financial stock traded up $1.10 during mid-day trading on Wednesday, reaching $38.10. 12,233 shares of the stock traded hands, compared to its average volume of 7,637. GBank Financial has a 12-month low of $14.95 and a 12-month high of $46.00. The business’s 50-day moving average is $34.26 and its 200-day moving average is $25.68.

GBank Financial (OTCMKTS:GBFH) last announced its earnings results on Tuesday, October 22nd. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.07. The business had revenue of $16.12 million for the quarter, compared to the consensus estimate of $15.30 million. As a group, sell-side analysts predict that GBank Financial will post 1.32 EPS 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.