Short Interest in Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Increases By 13.2%

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

Bank of the James Financial Group Price Performance

Shares of BOTJ traded up $0.04 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 stock has a market capitalization of $71.79 million, a P/E ratio of 8.52 and a beta of 0.76. The stock’s 50 day simple moving average is $13.69 and its two-hundred day simple moving average is $12.75. 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 posted its quarterly earnings data on Friday, October 25th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter. The company had revenue of $11.33 million for 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 firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 22nd will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date of this dividend is Friday, November 22nd. Bank of the James Financial Group’s payout ratio is 21.74%.

Hedge Funds Weigh In On Bank of the James Financial Group

Large investors have recently added to or reduced their stakes in the company. Empowered Funds LLC lifted its holdings in Bank of the James Financial Group by 5.0% during the third quarter. Empowered Funds LLC now owns 19,642 shares of the financial services provider’s stock valued at $270,000 after purchasing an additional 938 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Bank of the James Financial Group by 46.8% during the second 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 purchased a new position in Bank of the James Financial Group during the third quarter valued at approximately $1,018,000. Fourthstone LLC lifted its holdings in Bank of the James Financial Group by 27.7% during the third quarter. Fourthstone LLC now owns 93,119 shares of the financial services provider’s stock valued at $1,279,000 after purchasing an additional 20,191 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Bank of the James Financial Group by 33.1% during the first 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. 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.