GBank Financial Holdings Inc. (OTCMKTS:GBFH) Sees Large Decrease in Short Interest

GBank Financial Holdings Inc. (OTCMKTS:GBFH) saw a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 3,100 shares, a drop of 32.6% from the February 13th total of 4,600 shares. Based on an average trading volume of 23,600 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

GBank Financial Price Performance

Shares of GBFH traded up $2.25 during midday trading on Monday, hitting $36.50. 82,240 shares of the company traded hands, compared to its average volume of 14,083. GBank Financial has a one year low of $14.99 and a one year high of $46.00. The firm has a market cap of $511.84 million, a P/E ratio of 26.84 and a beta of -1.30. The stock has a 50-day moving average of $37.80 and a 200-day moving average of $31.56.

GBank Financial (OTCMKTS:GBFH) last released its quarterly earnings results on Tuesday, January 28th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.04. Sell-side analysts forecast that GBank Financial will post 1.53 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.