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

GBank Financial Holdings Inc. (OTCMKTS:GBFH) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totalling 1,500 shares, a drop of 6.3% from the September 30th total of 1,600 shares. Based on an average daily trading volume, of 25,700 shares, the days-to-cover ratio is currently 0.1 days.

GBank Financial Stock Down 0.4 %

OTCMKTS:GBFH opened at $28.50 on Friday. The business’s 50-day moving average price is $22.75 and its 200 day moving average price is $18.87. GBank Financial has a 52-week low of $12.21 and a 52-week high of $29.50.

GBank Financial (OTCMKTS:GBFH) last released its earnings results on Tuesday, July 30th. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.07. The business had revenue of $15.51 million during the quarter, compared to the consensus estimate of $14.10 million. On average, equities analysts expect that GBank Financial will post 1.26 EPS for the current fiscal 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.