Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Short Interest Down 27.5% in April

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) saw a large decrease in short interest in April. As of April 15th, there was short interest totalling 2,900 shares, a decrease of 27.5% from the March 31st total of 4,000 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 5,400 shares, the days-to-cover ratio is currently 0.5 days.

Bank of the James Financial Group Stock Up 0.7 %

BOTJ stock opened at $13.84 on Friday. Bank of the James Financial Group has a 52 week low of $10.00 and a 52 week high of $17.05. The business has a 50-day simple moving average of $13.77 and a 200 day simple moving average of $14.00. The company has a market cap of $63.36 million, a PE ratio of 7.91 and a beta of 0.43.

Bank of the James Financial Group (NASDAQ:BOTJ) last issued its earnings results on Wednesday, April 30th. The financial services provider reported $0.19 EPS for the quarter. The company had revenue of $11.00 million during 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 Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Friday, June 6th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Friday, June 6th. This represents a $0.40 annualized dividend and a dividend yield of 2.89%. Bank of the James Financial Group’s payout ratio is 27.40%.

Institutional Trading of Bank of the James Financial Group

Institutional investors and hedge funds have recently modified their holdings of the business. Dimensional Fund Advisors LP raised its stake in 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 worth $436,000 after acquiring an additional 911 shares in the last quarter. Bridgeway Capital Management LLC grew its holdings in Bank of the James Financial Group by 2.9% during the 4th quarter. Bridgeway Capital Management LLC now owns 33,598 shares of the financial services provider’s stock worth $514,000 after acquiring an additional 956 shares during the last quarter. Empowered Funds LLC increased its holdings in Bank of the James Financial Group by 4.9% in 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 during the period. WealthTrak Capital Management LLC acquired a new stake in shares of Bank of the James Financial Group in the fourth quarter valued at about $34,000. Finally, Pettyjohn Wood & White Inc. raised its position in shares of Bank of the James Financial Group by 2.5% during the fourth quarter. Pettyjohn Wood & White Inc. now owns 261,932 shares of the financial services provider’s stock worth $4,010,000 after acquiring an additional 6,363 shares during the last quarter. 18.50% of the stock is currently owned by institutional investors.

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.