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

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ - Get Free Report) saw a large drop in short interest in March. As of March 15th, there was short interest totalling 3,800 shares, a drop of 17.4% from the February 28th total of 4,600 shares. Currently, 0.1% of the company's stock are sold short. Based on an average daily volume of 8,900 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BOTJ. Pettyjohn Wood & White Inc. raised its position in 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 last quarter. Fourthstone LLC grew its stake in shares of Bank of the James Financial Group by 72.9% in the 4th quarter. Fourthstone LLC now owns 161,046 shares of the financial services provider's stock worth $2,556,000 after acquiring an additional 67,927 shares in the last quarter. Bridgeway Capital Management LLC raised its holdings in shares of Bank of the James Financial Group by 2.9% in the fourth quarter. Bridgeway Capital Management LLC now owns 33,598 shares of the financial services provider's stock valued at $514,000 after purchasing an additional 956 shares during the last quarter. Dimensional Fund Advisors LP lifted its position 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 valued at $436,000 after purchasing an additional 911 shares in the last quarter. Finally, Empowered Funds LLC lifted its position 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 valued at $315,000 after purchasing an additional 956 shares in the last quarter. Institutional investors own 18.50% of the company's stock.

Bank of the James Financial Group Stock Down 1.1 %

BOTJ stock traded down $0.16 during midday trading on Friday, reaching $14.42. 8,046 shares of the company's stock traded hands, compared to its average volume of 6,690. The firm's fifty day moving average price is $13.57 and its 200-day moving average price is $13.97. Bank of the James Financial Group has a 52 week low of $9.65 and a 52 week high of $17.05. The company has a market cap of $65.97 million, a price-to-earnings ratio of 8.24 and a beta of 0.78.

Bank of the James Financial Group (NASDAQ:BOTJ - Get Free Report) last posted 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 net margin of 13.29% and a return on equity of 12.48%.

Bank of the James Financial Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.77%. The ex-dividend date was Friday, March 7th. Bank of the James Financial Group's dividend payout ratio (DPR) is presently 22.86%.

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.