Short Interest in GBank Financial Holdings Inc. (OTCMKTS:GBFH) Grows By 194.1%

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 trading volume, of 25,300 shares, the days-to-cover ratio is currently 0.8 days.

GBank Financial Price Performance

OTCMKTS:GBFH traded up $1.10 during trading hours on Wednesday, hitting $38.10. 12,233 shares of the company’s stock traded hands, compared to its average volume of 7,637. The business’s fifty day simple moving average is $34.26 and its two-hundred day simple moving average is $25.68. GBank Financial has a 52 week low of $14.95 and a 52 week high of $46.00.

GBank Financial (OTCMKTS:GBFH) last issued its quarterly earnings data on Tuesday, October 22nd. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.30 by $0.07. The business had revenue of $16.12 million for the quarter, compared to analysts’ expectations of $15.30 million. On average, research analysts expect that GBank Financial will post 1.32 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.