Short Interest in GBank Financial Holdings Inc. (OTCMKTS:GBFH) Drops By 32.6%

GBank Financial Holdings Inc. (OTCMKTS:GBFH) was the target of a significant drop in short interest in 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 short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

GBank Financial Stock Up 6.6 %

Shares of GBFH traded up $2.25 during midday trading on Friday, reaching $36.50. 82,240 shares of the stock were exchanged, compared to its average volume of 14,083. The company has a market cap of $511.84 million, a price-to-earnings ratio of 26.84 and a beta of -1.30. The firm has a 50 day simple moving average of $37.80 and a 200-day simple moving average of $31.48. GBank Financial has a 12-month low of $14.99 and a 12-month high of $46.00.

GBank Financial (OTCMKTS:GBFH) last posted its earnings results on Tuesday, January 28th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.04. Research analysts expect that GBank Financial will post 1.53 earnings per share 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.