Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Sees Large Increase in Short Interest

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) was the target of a significant increase in short interest in 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. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 9,000 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of Bank of the James Financial Group

A number of large investors have recently bought and sold shares of the stock. Fourthstone LLC grew its holdings in shares of Bank of the James Financial Group by 72.9% during 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 last quarter. RFG Bristol Wealth Advisors LLC bought a new stake in shares of Bank of the James Financial Group during the fourth quarter worth $178,000. Pettyjohn Wood & White Inc. grew its holdings in shares of Bank of the James Financial Group by 2.5% during the fourth 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. WealthTrak Capital Management LLC bought a new stake in shares of Bank of the James Financial Group during the fourth quarter worth $34,000. Finally, Bridgeway Capital Management LLC grew its holdings in shares of Bank of the James Financial Group by 2.9% during the fourth quarter. Bridgeway Capital Management LLC now owns 33,598 shares of the financial services provider’s stock worth $514,000 after purchasing an additional 956 shares during the last quarter. 18.50% of the stock is currently owned by institutional investors.

Bank of the James Financial Group Trading Up 2.1 %

BOTJ opened at $13.37 on Tuesday. The stock has a market cap of $61.19 million, a PE ratio of 7.64 and a beta of 0.78. Bank of the James Financial Group has a 1 year low of $9.65 and a 1 year high of $17.05. The stock’s 50 day simple moving average is $13.28 and its 200-day simple moving average is $13.90.

Bank of the James Financial Group (NASDAQ:BOTJ) last announced its quarterly 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 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date is Friday, March 7th. Bank of the James Financial Group’s dividend payout ratio (DPR) is 22.86%.

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.