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

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) was the target of a large 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 shares of the stock are short sold. Based on an average daily volume of 5,000 shares, the days-to-cover ratio is currently 1.2 days.

Hedge Funds Weigh In On Bank of the James Financial Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Empowered Funds LLC boosted its position in shares of Bank of the James Financial Group by 5.0% in the third quarter. Empowered Funds LLC now owns 19,642 shares of the financial services provider’s stock worth $270,000 after buying an additional 938 shares during the period. Dimensional Fund Advisors LP boosted its position 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 worth $302,000 after acquiring an additional 8,556 shares during the period. Inspire Investing LLC purchased a new stake in shares of Bank of the James Financial Group in the third quarter worth approximately $1,018,000. Fourthstone LLC boosted its holdings in shares of 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 worth $1,279,000 after purchasing an additional 20,191 shares during the period. Finally, Vanguard Group Inc. grew its position 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. Institutional investors and hedge funds own 18.50% of the company’s stock.

Bank of the James Financial Group Stock Down 2.0 %

Bank of the James Financial Group stock traded down $0.32 during mid-day trading on Tuesday, hitting $15.35. The company’s stock had a trading volume of 2,228 shares, compared to its average volume of 6,059. Bank of the James Financial Group has a twelve month low of $9.65 and a twelve month high of $15.75. The stock’s fifty day moving average price is $13.71 and its two-hundred day moving average price is $12.79. The stock has a market capitalization of $70.23 million, a P/E ratio of 8.34 and a beta of 0.80.

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

Bank of the James Financial Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 22nd will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.61%. Bank of the James Financial Group’s dividend payout ratio is currently 21.74%.

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.