Great American Bancorp Inc. (OTCMKTS:GTPS) Sees Significant Growth in Short Interest

Great American Bancorp Inc. (OTCMKTS:GTPS) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 141 shares, an increase of 907.1% from the September 15th total of 14 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 125 shares, the days-to-cover ratio is presently 1.1 days.

Great American Bancorp Price Performance

Shares of Great American Bancorp stock remained flat at $71.00 during trading on Friday. 25 shares of the stock traded hands, compared to its average volume of 64. The stock’s 50-day simple moving average is $72.78 and its 200 day simple moving average is $72.16. Great American Bancorp has a 1-year low of $60.00 and a 1-year high of $78.00. The stock has a market cap of $25.56 million, a P/E ratio of 7.58 and a beta of 0.13.

Great American Bancorp (OTCMKTS:GTPS) last released its quarterly earnings data on Tuesday, July 21st. The company reported $2.42 earnings per share for the quarter. The company had revenue of $3.51 million during the quarter.

Great American Bancorp Company Profile

Great American Bancorp, Inc is a bank holding company for Great American Bank, a community-focused financial institution based in Illinois. Through its banking subsidiary, the company provides deposit, lending and other financial services to individuals, families and businesses.

Great American Bank’s services include checking and savings accounts, certificates of deposit, residential mortgage loans, commercial real estate and business loans, construction financing, and consumer lending.