Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Short Interest Update

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 6,000 shares, a growth of 13.2% from the October 31st total of 5,300 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 5,000 shares, the days-to-cover ratio is currently 1.2 days.

Bank of the James Financial Group Stock Up 0.3 %

Shares of NASDAQ:BOTJ traded up $0.04 during midday trading on Monday, reaching $15.71. The company’s stock had a trading volume of 1,978 shares, compared to its average volume of 5,059. The firm has a 50 day moving average of $13.69 and a 200-day moving average of $12.75. The firm has a market capitalization of $71.79 million, a P/E ratio of 8.52 and a beta of 0.76. Bank of the James Financial Group has a 12-month low of $9.65 and a 12-month high of $15.75.

Bank of the James Financial Group (NASDAQ:BOTJ) last announced its earnings results on Friday, October 25th. The financial services provider reported $0.44 earnings per share for the quarter. The business had revenue of $11.33 million during the quarter. Bank of the James Financial Group had a net margin of 14.46% and a return on equity of 13.36%.

Bank of the James Financial Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 22nd will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.55%. The ex-dividend date is Friday, November 22nd. Bank of the James Financial Group’s dividend payout ratio (DPR) is 21.74%.

Institutional Trading of Bank of the James Financial Group

A number of institutional investors and hedge funds have recently bought and sold shares of BOTJ. Vanguard Group Inc. increased its stake in 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 purchasing an additional 47,895 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Bank of the James Financial Group by 46.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 26,852 shares of the financial services provider’s stock valued at $302,000 after purchasing an additional 8,556 shares in the last quarter. Inspire Investing LLC bought a new stake in Bank of the James Financial Group during the 3rd quarter valued at about $1,018,000. Empowered Funds LLC boosted its holdings 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 valued at $270,000 after acquiring an additional 938 shares during the last quarter. Finally, Fourthstone LLC boosted its holdings in shares of Bank of the James Financial Group by 27.7% during the 3rd quarter. Fourthstone LLC now owns 93,119 shares of the financial services provider’s stock valued at $1,279,000 after acquiring an additional 20,191 shares during the last quarter. 18.50% of the stock is currently owned by institutional investors.

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.