Short Interest in GBank Financial Holdings Inc. (OTCMKTS:GBFH) Drops By 83.3%

GBank Financial Holdings Inc. (OTCMKTS:GBFH - Get Free Report) was the recipient of a significant drop in short interest in April. As of April 15th, there was short interest totalling 400 shares, a drop of 83.3% from the March 31st total of 2,400 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 20,000 shares, the days-to-cover ratio is currently 0.0 days.

GBank Financial Price Performance

Shares of OTCMKTS:GBFH traded up $1.60 during trading on Thursday, hitting $41.60. 48,239 shares of the company's stock were exchanged, compared to its average volume of 15,086. GBank Financial has a 52-week low of $15.14 and a 52-week high of $46.00. The business's 50-day simple moving average is $35.20 and its 200 day simple moving average is $34.72. The company has a market cap of $584.15 million, a price-to-earnings ratio of 30.59 and a beta of -0.61.

GBank Financial (OTCMKTS:GBFH - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $0.31 earnings per share for the quarter, hitting the consensus estimate of $0.31. The business had revenue of $17.36 million during the quarter. On average, sell-side analysts anticipate 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.