Short Interest in Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Grows By 22.6%

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) saw a significant 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. Based on an average trading volume of 9,200 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are short sold.

Bank of the James Financial Group Stock Up 0.2 %

Shares of NASDAQ:BOTJ traded up $0.03 during trading on Thursday, hitting $13.05. 1,595 shares of the company traded hands, compared to its average volume of 6,245. The stock has a market capitalization of $59.68 million, a price-to-earnings ratio of 7.45 and a beta of 0.78. The business’s fifty day moving average is $13.68 and its 200-day moving average is $13.91. Bank of the James Financial Group has a one year low of $9.65 and a one year high of $17.05.

Bank of the James Financial Group (NASDAQ:BOTJ) last posted its 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 business also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be paid a dividend of $0.10 per share. The ex-dividend date is Friday, March 7th. This represents a $0.40 annualized dividend and a yield of 3.07%. Bank of the James Financial Group’s payout ratio is 22.86%.

Institutional Trading of Bank of the James Financial Group

A number of hedge funds and other institutional investors have recently modified their holdings of BOTJ. Dimensional Fund Advisors LP raised its position in shares of 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 purchasing an additional 911 shares during the period. Empowered Funds LLC raised its stake in shares of Bank of the James Financial Group by 5.0% during the 3rd quarter. Empowered Funds LLC now owns 19,642 shares of the financial services provider’s stock worth $270,000 after purchasing an additional 938 shares in the last quarter. Bridgeway Capital Management LLC lifted its stake in 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 valued at $514,000 after acquiring an additional 956 shares during the last quarter. WealthTrak Capital Management LLC acquired a new stake in shares of Bank of the James Financial Group in the 4th quarter valued at $34,000. Finally, Pettyjohn Wood & White Inc. lifted its position in shares of Bank of the James Financial Group by 2.5% in the fourth quarter. Pettyjohn Wood & White Inc. now owns 261,932 shares of the financial services provider’s stock worth $4,010,000 after buying an additional 6,363 shares during the last quarter. 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.