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

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 5,900 shares, a growth of 20.4% from the December 15th total of 4,900 shares. Based on an average trading volume of 7,300 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.2% of the shares of the company are sold short.

Bank of the James Financial Group Trading Up 4.0 %

BOTJ stock opened at $14.00 on Friday. Bank of the James Financial Group has a 1-year low of $9.65 and a 1-year high of $17.05. The business’s 50 day simple moving average is $14.84 and its 200 day simple moving average is $13.73. The firm has a market capitalization of $63.98 million, a PE ratio of 7.61 and a beta of 0.79.

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

Hedge Funds Weigh In On Bank of the James Financial Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BOTJ. Inspire Investing LLC bought a new stake in Bank of the James Financial Group during the third quarter worth $1,018,000. Fourthstone LLC raised its holdings in Bank of the James Financial Group by 27.7% in the 3rd quarter. Fourthstone LLC now owns 93,119 shares of the financial services provider’s stock valued at $1,279,000 after buying an additional 20,191 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in 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 valued at $302,000 after buying an additional 8,556 shares during the last quarter. Finally, Empowered Funds LLC grew 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 acquiring an additional 938 shares during the last quarter. 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.