Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Short Interest Up 22.6% in February

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) was the recipient of a significant increase in short interest in February. As of February 15th, there was short interest totalling 3,800 shares, an increase of 22.6% from the January 31st total of 3,100 shares. Based on an average daily volume of 9,200 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. WealthTrak Capital Management LLC bought a new position in shares of Bank of the James Financial Group during the 4th quarter worth approximately $34,000. RFG Bristol Wealth Advisors LLC bought a new position in shares of Bank of the James Financial Group during the 4th quarter worth approximately $178,000. Empowered Funds LLC lifted its holdings in 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 worth $270,000 after purchasing an additional 938 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Bank of the James Financial Group by 3.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 28,466 shares of the financial services provider’s stock worth $436,000 after purchasing an additional 911 shares during the last quarter. Finally, Bridgeway Capital Management LLC lifted its holdings in Bank of the James Financial Group by 2.9% during the 4th quarter. Bridgeway Capital Management LLC now owns 33,598 shares of the financial services provider’s stock worth $514,000 after purchasing an additional 956 shares during the last quarter. 18.50% of the stock is currently owned by institutional investors.

Bank of the James Financial Group Stock Up 0.2 %

BOTJ stock opened at $13.05 on Friday. The business has a 50 day moving average price of $13.63 and a two-hundred day moving average price of $13.90. The company has a market cap of $59.70 million, a price-to-earnings ratio of 7.46 and a beta of 0.78. Bank of the James Financial Group has a twelve month low of $9.65 and a twelve month high of $17.05.

Bank of the James Financial Group (NASDAQ:BOTJ) last posted its quarterly earnings results on Friday, January 31st. The financial services provider reported $0.36 earnings per share for the quarter. Bank of the James Financial Group had a return on equity of 12.48% and a net margin of 13.29%.

Bank of the James Financial Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, March 7th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, March 7th. This represents a $0.40 annualized dividend and a dividend yield of 3.07%. Bank of the James Financial Group’s dividend payout ratio is currently 22.86%.

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.