Short Interest in GBank Financial Holdings Inc. (OTCMKTS:GBFH) Decreases By 6.3%

GBank Financial Holdings Inc. (OTCMKTS:GBFH - Get Free Report) was the target of a large drop in short interest in the month of 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 trading volume of 25,700 shares, the short-interest ratio is presently 0.1 days.

GBank Financial Price Performance

Shares of GBFH traded up $0.25 during mid-day trading on Thursday, hitting $28.50. The stock had a trading volume of 4,567 shares, compared to its average volume of 14,226. The company's fifty day simple moving average is $22.58 and its two-hundred day simple moving average is $18.80. GBank Financial has a fifty-two week low of $12.20 and a fifty-two week high of $29.50.

GBank Financial (OTCMKTS:GBFH - Get Free Report) last released its quarterly earnings data on Tuesday, July 30th. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.07. The business had revenue of $15.51 million for the quarter, compared to analyst estimates of $14.10 million. As a group, analysts forecast that GBank Financial will post 1.26 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.