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

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) was the target of a significant drop in short interest in November. As of November 30th, there was short interest totalling 4,700 shares, a drop of 21.7% from the November 15th total of 6,000 shares. Based on an average daily volume of 5,600 shares, the short-interest ratio is presently 0.8 days. Approximately 0.1% of the company’s stock are short sold.

Bank of the James Financial Group Trading Down 3.4 %

Bank of the James Financial Group stock traded down $0.53 during midday trading on Friday, hitting $14.99. The stock had a trading volume of 35,504 shares, compared to its average volume of 5,241. The business has a fifty day moving average price of $14.08 and a 200 day moving average price of $13.10. Bank of the James Financial Group has a 12 month low of $9.65 and a 12 month high of $17.05. The stock has a market cap of $68.58 million, a P/E ratio of 8.15 and a beta of 0.80.

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

Bank of the James Financial Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 22nd were issued a dividend of $0.10 per share. The ex-dividend date was Friday, November 22nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.67%. Bank of the James Financial Group’s dividend payout ratio (DPR) is 21.74%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Empowered Funds LLC raised its stake 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 worth $270,000 after acquiring an additional 938 shares during the period. Dimensional Fund Advisors LP lifted its holdings 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 worth $302,000 after purchasing an additional 8,556 shares during the last quarter. Inspire Investing LLC acquired a new position in Bank of the James Financial Group during the 3rd quarter valued at approximately $1,018,000. Fourthstone LLC grew its stake in 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 worth $1,279,000 after buying an additional 20,191 shares during the last quarter. Finally, Vanguard Group Inc. grew 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 worth $1,995,000 after buying an additional 47,895 shares during the last quarter. 18.50% of the stock is currently owned by institutional investors.

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.