Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Short Interest Down 9.3% in October

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totalling 3,900 shares, a decrease of 9.3% from the September 30th total of 4,300 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,500 shares, the short-interest ratio is presently 0.9 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of BOTJ. Inspire Investing LLC bought a new stake in Bank of the James Financial Group during the third quarter worth approximately $1,018,000. Pettyjohn Wood & White Inc. grew its holdings in shares of Bank of the James Financial Group by 29.5% in the 1st quarter. Pettyjohn Wood & White Inc. now owns 253,963 shares of the financial services provider’s stock worth $2,631,000 after acquiring an additional 57,856 shares during the last quarter. Vanguard Group Inc. raised its position 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 purchasing an additional 47,895 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Bank of the James Financial Group by 46.8% during the second 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 last quarter. Finally, Empowered Funds LLC boosted its position in shares of Bank of the James Financial Group by 7.6% in the 1st quarter. Empowered Funds LLC now owns 17,444 shares of the financial services provider’s stock valued at $181,000 after purchasing an additional 1,225 shares during the period. Institutional investors own 18.50% of the company’s stock.

Bank of the James Financial Group Stock Up 0.2 %

Bank of the James Financial Group stock traded up $0.03 during trading hours on Wednesday, hitting $13.20. 1,330 shares of the company traded hands, compared to its average volume of 4,932. Bank of the James Financial Group has a 1-year low of $9.63 and a 1-year high of $15.75. The firm has a market cap of $60.39 million, a P/E ratio of 6.77 and a beta of 0.75. The firm’s 50-day simple moving average is $13.48 and its two-hundred day simple moving average is $12.10.

Bank of the James Financial Group (NASDAQ:BOTJ) last posted its quarterly earnings data on Friday, October 25th. The financial services provider reported $0.44 EPS for the quarter. The business had revenue of $11.33 million for the quarter. Bank of the James Financial Group had a net margin of 15.14% and a return on equity of 14.59%.

Bank of the James Financial Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 22nd will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date is Friday, November 22nd. Bank of the James Financial Group’s dividend payout ratio is presently 20.51%.

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.