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

GBank Financial Holdings Inc. (OTCMKTS:GBFH) was the recipient of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 9,000 shares, an increase 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 Price Performance

Shares of GBFH stock traded down $0.25 during trading hours on Wednesday, reaching $34.75. 9,994 shares of the stock were exchanged, compared to its average volume of 14,456. GBank Financial has a 12-month low of $12.87 and a 12-month high of $36.74. The company’s 50-day moving average price is $28.83 and its 200-day moving average price is $21.96.

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 analysts’ consensus estimates of $0.30 by $0.07. The firm had revenue of $16.12 million during the quarter, compared to analyst estimates of $15.30 million. Equities research analysts anticipate that GBank Financial will post 1.32 earnings per share for the current year.

About GBank Financial

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.