Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Short Interest Up 21.1% in February

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 4,600 shares, an increase of 21.1% from the February 13th total of 3,800 shares. Based on an average daily trading volume, of 9,000 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the company’s shares are short sold.

Bank of the James Financial Group Price Performance

NASDAQ BOTJ opened at $13.41 on Wednesday. The company has a market cap of $61.35 million, a P/E ratio of 7.66 and a beta of 0.78. Bank of the James Financial Group has a 12 month low of $9.65 and a 12 month high of $17.05. The company has a 50-day moving average of $13.24 and a 200-day moving average of $13.89.

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

Bank of the James Financial Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, March 7th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date of this dividend is Friday, March 7th. Bank of the James Financial Group’s payout ratio is currently 22.86%.

Institutional Investors Weigh In On Bank of the James Financial Group

A number of institutional investors have recently added to or reduced their stakes in BOTJ. WealthTrak Capital Management LLC acquired a new position in shares of Bank of the James Financial Group in the 4th quarter valued at about $34,000. RFG Bristol Wealth Advisors LLC purchased a new position in Bank of the James Financial Group in the fourth quarter valued at approximately $178,000. Empowered Funds LLC lifted its position in Bank of the James Financial Group by 5.0% during the third quarter. Empowered Funds LLC now owns 19,642 shares of the financial services provider’s stock valued at $270,000 after buying an additional 938 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Bank of the James Financial Group by 3.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 28,466 shares of the financial services provider’s stock worth $436,000 after buying an additional 911 shares during the period. Finally, Bridgeway Capital Management LLC increased its position in shares of Bank of the James Financial Group by 2.9% in the fourth quarter. Bridgeway Capital Management LLC now owns 33,598 shares of the financial services provider’s stock worth $514,000 after acquiring an additional 956 shares in the last quarter. Hedge funds and other institutional investors own 18.50% of the company’s stock.

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.