Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Short Interest Up 21.1% in February

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) was the recipient of a large growth in short interest in February. As of February 28th, there was short interest totalling 4,600 shares, a growth of 21.1% from the February 13th total of 3,800 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 9,000 shares, the short-interest ratio is currently 0.5 days.

Bank of the James Financial Group Price Performance

BOTJ stock opened at $13.38 on Thursday. The business has a fifty day moving average price of $13.23 and a 200 day moving average price of $13.89. The stock has a market capitalization of $61.21 million, a price-to-earnings ratio of 7.65 and a beta of 0.78. Bank of the James Financial Group has a fifty-two week low of $9.65 and a fifty-two week high of $17.05.

Bank of the James Financial Group (NASDAQ:BOTJ) last released its earnings results on Friday, January 31st. The financial services provider reported $0.36 EPS 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 company 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 $0.10 dividend. The ex-dividend date of this dividend is Friday, March 7th. This represents a $0.40 annualized dividend and a dividend yield of 2.99%. Bank of the James Financial Group’s dividend payout ratio (DPR) is currently 22.86%.

Institutional Investors Weigh In On Bank of the James Financial Group

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Pettyjohn Wood & White Inc. increased its stake in shares of Bank of the James Financial Group by 2.5% in the 4th quarter. Pettyjohn Wood & White Inc. now owns 261,932 shares of the financial services provider’s stock valued at $4,010,000 after buying an additional 6,363 shares during the period. Fourthstone LLC grew its stake in shares of Bank of the James Financial Group by 72.9% during the fourth quarter. Fourthstone LLC now owns 161,046 shares of the financial services provider’s stock worth $2,556,000 after purchasing an additional 67,927 shares during the period. Bridgeway Capital Management LLC grew its stake in shares of Bank of the James Financial Group by 2.9% during the fourth 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 period. Dimensional Fund Advisors LP grew its stake in shares of Bank of the James Financial Group by 3.3% during the fourth 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 period. Finally, Empowered Funds LLC grew its stake in shares of Bank of the James Financial Group by 4.9% during the fourth quarter. Empowered Funds LLC now owns 20,598 shares of the financial services provider’s stock worth $315,000 after purchasing an additional 956 shares during the period. 18.50% of the stock is owned by institutional investors and hedge funds.

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.