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 - Get Free Report) saw a significant 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. Based on an average trading volume of 9,000 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the company's stock are short sold.

Bank of the James Financial Group Stock Performance

Shares of NASDAQ BOTJ traded down $0.04 during midday trading on Friday, reaching $14.66. 29,988 shares of the company's stock were exchanged, compared to its average volume of 6,481. The stock has a market capitalization of $67.07 million, a PE ratio of 8.38 and a beta of 0.78. Bank of the James Financial Group has a 52-week low of $9.65 and a 52-week high of $17.05. The business's fifty day moving average price is $13.30 and its two-hundred day moving average price is $13.90.

Bank of the James Financial Group (NASDAQ:BOTJ - Get Free Report) last posted its quarterly earnings data on Friday, January 31st. The financial services provider reported $0.36 earnings per share (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 business also recently declared a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were issued a $0.10 dividend. The ex-dividend date was Friday, March 7th. This represents a $0.40 annualized dividend and a yield of 2.73%. Bank of the James Financial Group's dividend payout ratio is presently 22.86%.

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Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Fourthstone LLC lifted its position 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 last quarter. RFG Bristol Wealth Advisors LLC acquired a new stake in Bank of the James Financial Group during the fourth quarter valued at approximately $178,000. Pettyjohn Wood & White Inc. lifted its holdings in Bank of the James Financial Group by 2.5% during the 4th quarter. Pettyjohn Wood & White Inc. now owns 261,932 shares of the financial services provider's stock worth $4,010,000 after buying an additional 6,363 shares during the last quarter. WealthTrak Capital Management LLC acquired a new position in shares of Bank of the James Financial Group in the 4th quarter worth approximately $34,000. Finally, Bridgeway Capital Management LLC increased its holdings in shares of Bank of the James Financial Group by 2.9% in the 4th quarter. Bridgeway Capital Management LLC now owns 33,598 shares of the financial services provider's stock valued at $514,000 after acquiring 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 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.