Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Short Interest Up 7.3% in September

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totalling 4,400 shares, an increase 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. Approximately 0.1% of the company’s stock are sold short.

Institutional Trading of Bank of the James Financial Group

Hedge funds and other institutional investors have recently modified their holdings of the company. Pettyjohn Wood & White Inc. grew its stake in Bank of the James Financial Group by 29.5% in the first quarter. Pettyjohn Wood & White Inc. now owns 253,963 shares of the financial services provider’s stock valued at $2,631,000 after purchasing an additional 57,856 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Bank of the James Financial Group by 33.1% during the 1st quarter. Vanguard Group Inc. now owns 192,585 shares of the financial services provider’s stock valued at $1,995,000 after buying an additional 47,895 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Bank of the James Financial Group by 46.8% in the 2nd 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 in the last quarter. BHZ Capital Management LP acquired a new position in Bank of the James Financial Group in the fourth quarter worth approximately $268,000. Finally, Empowered Funds LLC increased its holdings 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 buying an additional 1,225 shares during the last quarter. 18.50% of the stock is currently owned by hedge funds and other institutional investors.

Bank of the James Financial Group Trading Down 0.7 %

Shares of NASDAQ BOTJ opened at $13.65 on Wednesday. Bank of the James Financial Group has a one year low of $9.49 and a one year high of $15.75. The business has a 50-day moving average price of $13.54 and a two-hundred day moving average price of $11.72. The firm has a market capitalization of $62.45 million, a PE ratio of 7.00 and a beta of 0.75.

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

Bank of the James Financial Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 20th. Stockholders of record on Friday, September 6th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.93%. The ex-dividend date was Friday, September 6th. Bank of the James Financial Group’s dividend payout ratio is currently 20.51%.

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.