Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Short Interest Update

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 3,800 shares, an increase of 22.6% from the January 31st total of 3,100 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 9,200 shares, the days-to-cover ratio is presently 0.4 days.

Bank of the James Financial Group Trading Up 0.2 %

BOTJ traded up $0.03 during midday trading on Thursday, reaching $13.05. The company’s stock had a trading volume of 1,595 shares, compared to its average volume of 6,245. The company has a fifty day simple moving average of $13.68 and a 200 day simple moving average of $13.91. The stock has a market cap of $59.68 million, a P/E ratio of 7.45 and a beta of 0.78. Bank of the James Financial Group has a twelve month low of $9.65 and a twelve month high of $17.05.

Bank of the James Financial Group (NASDAQ:BOTJ) last released its earnings results on Friday, January 31st. The financial services provider reported $0.36 earnings per share for the quarter. Bank of the James Financial Group had a return on equity of 12.48% and a net margin of 13.29%.

Bank of the James Financial Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, March 7th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Friday, March 7th. This represents a $0.40 dividend on an annualized basis and a yield of 3.07%. Bank of the James Financial Group’s payout ratio is currently 22.86%.

Institutional Investors Weigh In On Bank of the James Financial Group

Large investors have recently modified their holdings of the stock. Pettyjohn Wood & White Inc. grew its holdings in shares of Bank of the James Financial Group by 2.5% in the 4th quarter. Pettyjohn Wood & White Inc. now owns 261,932 shares of the financial services provider’s stock worth $4,010,000 after purchasing an additional 6,363 shares during the last quarter. Fourthstone LLC increased its position in Bank of the James Financial Group by 72.9% in the fourth quarter. Fourthstone LLC now owns 161,046 shares of the financial services provider’s stock worth $2,556,000 after purchasing an additional 67,927 shares during the period. Bridgeway Capital Management LLC grew its position in shares of Bank of the James Financial Group by 2.9% during the 4th quarter. Bridgeway Capital Management LLC now owns 33,598 shares of the financial services provider’s stock worth $514,000 after buying an additional 956 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Bank of the James Financial Group by 3.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 28,466 shares of the financial services provider’s stock valued at $436,000 after acquiring an additional 911 shares during the last quarter. Finally, Empowered Funds LLC increased its holdings in Bank of the James Financial Group by 4.9% in the fourth quarter. Empowered Funds LLC now owns 20,598 shares of the financial services provider’s stock valued at $315,000 after purchasing an additional 956 shares during the last quarter. 18.50% of the stock is currently owned by institutional investors.

About Bank of the James Financial Group

Bank of the James Financial Group, Inc operates as the bank holding company for Bank of the James that provides general retail and commercial banking services to individuals, businesses, associations and organizations, and governmental authorities in Virginia, the United States. It offers checking, savings, individual retirement, and health care saving accounts, as well as other time deposits, including money market accounts and certificates of deposit.