GBank Financial Holdings Inc. (OTCMKTS:GBFH) Short Interest Up 200.0% in August

GBank Financial Holdings Inc. (OTCMKTS:GBFH) saw a large growth in short interest during the month of August. As of August 15th, there was short interest totalling 900 shares, a growth of 200.0% from the July 31st total of 300 shares. Based on an average daily volume of 5,900 shares, the days-to-cover ratio is currently 0.2 days.

GBank Financial Price Performance

Shares of GBank Financial stock traded up $0.16 during trading hours on Tuesday, hitting $19.89. 7,605 shares of the company were exchanged, compared to its average volume of 14,161. The business has a 50-day moving average of $17.99 and a 200-day moving average of $16.58. GBank Financial has a 1 year low of $11.52 and a 1 year high of $20.00.

GBank Financial (OTCMKTS:GBFH) last released its earnings results on Tuesday, July 30th. The company reported $0.35 earnings per share (EPS) 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. Equities analysts predict that GBank Financial will post 1.27 earnings per share for the current 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.