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

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 4,400 shares, a growth of 7.3% from the August 31st total of 4,100 shares. Based on an average trading volume of 6,000 shares, the short-interest ratio is currently 0.7 days. Currently, 0.1% of the company’s shares are short sold.

Bank of the James Financial Group Stock Up 1.5 %

NASDAQ BOTJ traded up $0.21 on Tuesday, reaching $13.95. The stock had a trading volume of 520 shares, compared to its average volume of 4,823. Bank of the James Financial Group has a 12-month low of $9.49 and a 12-month high of $15.75. The stock has a fifty day moving average price of $13.55 and a two-hundred day moving average price of $11.70. The firm has a market capitalization of $63.82 million, a price-to-earnings ratio of 7.05 and a beta of 0.75.

Bank of the James Financial Group (NASDAQ:BOTJ) last posted its earnings results on Friday, July 26th. The financial services provider reported $0.47 earnings per share (EPS) for the quarter. The firm had revenue of $11.28 million for the quarter. Bank of the James Financial Group had a return on equity of 14.59% and a net margin of 15.14%.

Bank of the James Financial Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 20th. Shareholders of record on Friday, September 6th were given a $0.10 dividend. The ex-dividend date of this dividend was Friday, September 6th. This represents a $0.40 annualized dividend and a yield of 2.87%. Bank of the James Financial Group’s dividend payout ratio is presently 20.51%.

Institutional Trading of Bank of the James Financial Group

A number of large investors have recently modified their holdings of BOTJ. Empowered Funds LLC lifted its stake in Bank of the James Financial Group by 7.6% in the first quarter. Empowered Funds LLC now owns 17,444 shares of the financial services provider’s stock worth $181,000 after acquiring an additional 1,225 shares during the last quarter. BHZ Capital Management LP acquired a new position in shares of Bank of the James Financial Group during the fourth quarter worth $268,000. Dimensional Fund Advisors LP increased its holdings in Bank of the James Financial Group by 46.8% in the second quarter. Dimensional Fund Advisors LP now owns 26,852 shares of the financial services provider’s stock valued at $302,000 after buying an additional 8,556 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Bank of the James Financial Group by 33.1% in the 1st quarter. Vanguard Group Inc. now owns 192,585 shares of the financial services provider’s stock valued at $1,995,000 after acquiring an additional 47,895 shares during the last quarter. Finally, Pettyjohn Wood & White Inc. raised its stake in Bank of the James Financial Group by 29.5% during the 1st quarter. Pettyjohn Wood & White Inc. now owns 253,963 shares of the financial services provider’s stock worth $2,631,000 after acquiring an additional 57,856 shares in the last quarter. Hedge funds and other institutional investors own 18.50% of the company’s stock.

Bank of the James Financial Group Company Profile

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.