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

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totalling 4,100 shares, a decrease of 22.6% from the August 15th total of 5,300 shares. Based on an average trading volume of 5,900 shares, the short-interest ratio is currently 0.7 days. Currently, 0.1% of the company’s stock are short sold.

Bank of the James Financial Group Stock Up 1.2 %

Shares of NASDAQ BOTJ traded up $0.16 during trading hours on Friday, hitting $13.66. The company had a trading volume of 1,139 shares, compared to its average volume of 4,871. The stock has a market capitalization of $62.43 million, a P/E ratio of 7.01 and a beta of 0.75. The firm’s 50 day moving average is $13.04 and its 200-day moving average is $11.48. Bank of the James Financial Group has a 1-year low of $9.49 and a 1-year high of $15.75.

Bank of the James Financial Group (NASDAQ:BOTJ) last posted its earnings results on Friday, July 26th. The financial services provider reported $0.47 earnings per share for the quarter. Bank of the James Financial Group had a return on equity of 14.59% and a net margin of 15.14%. The business had revenue of $11.28 million for the quarter.

Bank of the James Financial Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 20th. Stockholders of record on Friday, September 6th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date is Friday, September 6th. Bank of the James Financial Group’s dividend payout ratio is presently 20.51%.

Institutional Trading of Bank of the James Financial Group

Several hedge funds and other institutional investors have recently modified their holdings of BOTJ. Dimensional Fund Advisors LP boosted its stake 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 purchasing an additional 8,556 shares during the period. Vanguard Group Inc. lifted its holdings in shares of 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 worth $1,995,000 after buying an additional 47,895 shares in the last quarter. Pettyjohn Wood & White Inc. grew its stake in shares of Bank of the James Financial Group by 29.5% in the first quarter. Pettyjohn Wood & White Inc. now owns 253,963 shares of the financial services provider’s stock valued at $2,631,000 after acquiring an additional 57,856 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Bank of the James Financial Group by 7.6% in the first quarter. Empowered Funds LLC now owns 17,444 shares of the financial services provider’s stock valued at $181,000 after acquiring an additional 1,225 shares in the last quarter. Finally, BHZ Capital Management LP acquired a new stake in Bank of the James Financial Group in the 4th quarter worth about $268,000. Institutional investors own 18.50% of the company’s stock.

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.