GBank Financial Holdings Inc. (OTCMKTS:GBFH) Sees Significant Growth in Short Interest

GBank Financial Holdings Inc. (OTCMKTS:GBFH) saw a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 9,000 shares, a growth of 2,150.0% from the November 15th total of 400 shares. Based on an average daily volume of 39,800 shares, the days-to-cover ratio is presently 0.2 days.

GBank Financial Stock Performance

Shares of GBFH stock traded down $0.25 on Wednesday, hitting $34.75. 9,994 shares of the stock traded hands, compared to its average volume of 14,456. The company’s fifty day moving average is $28.83 and its 200 day moving average is $21.96. GBank Financial has a 1-year low of $12.87 and a 1-year high of $36.74.

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