Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Short Interest Up 159.4% in December

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 8,300 shares, an increase of 159.4% from the December 15th total of 3,200 shares. Based on an average daily volume of 5,100 shares, the short-interest ratio is presently 1.6 days. Currently, 0.2% of the company’s shares are short sold.

Hedge funds have recently added to or reduced their stakes in the stock. Banc Funds Co. LLC grew its holdings in Bank of the James Financial Group by 8.1% in the 2nd quarter. Banc Funds Co. LLC now owns 233,341 shares of the financial services provider’s stock worth $3,733,000 after acquiring an additional 17,407 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Bank of the James Financial Group by 17.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 12,591 shares of the financial services provider’s stock worth $201,000 after acquiring an additional 1,889 shares during the last quarter. Vanguard Group Inc. grew its holdings in Bank of the James Financial Group by 729.1% in the 2nd quarter. Vanguard Group Inc. now owns 104,030 shares of the financial services provider’s stock worth $1,664,000 after acquiring an additional 91,483 shares during the last quarter. Renaissance Technologies LLC grew its holdings in Bank of the James Financial Group by 25.8% in the 2nd quarter. Renaissance Technologies LLC now owns 13,080 shares of the financial services provider’s stock worth $209,000 after acquiring an additional 2,680 shares during the last quarter. Finally, Eidelman Virant Capital grew its holdings in Bank of the James Financial Group by 14.7% in the 3rd quarter. Eidelman Virant Capital now owns 232,873 shares of the financial services provider’s stock worth $3,356,000 after acquiring an additional 29,816 shares during the last quarter. 29.52% of the stock is currently owned by institutional investors.

BOTJ stock opened at $15.71 on Friday. Bank of the James Financial Group has a 52 week low of $12.79 and a 52 week high of $21.65. The firm’s fifty day moving average is $15.79 and its 200 day moving average is $15.29. The firm has a market cap of $74.48 million, a P/E ratio of 10.09 and a beta of 1.13.

Bank of the James Financial Group (NASDAQ:BOTJ) last released its earnings results on Friday, October 22nd. The financial services provider reported $0.40 EPS for the quarter. Bank of the James Financial Group had a net margin of 18.18% and a return on equity of 11.06%. The company had revenue of $9.64 million for the quarter.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 10th. Investors of record on Friday, November 26th were issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.78%. The ex-dividend date of this dividend was Wednesday, November 24th. Bank of the James Financial Group’s dividend payout ratio is currently 17.99%.

Bank of the James Financial Group Company Profile

Bank of the James Financial Group, Inc is a bank holding company, which engages in the provision of general retail and commercial banking services. It operates through the Community Banking, and Mortgage Banking segments. The Community Banking segment includes Bank of the James which provides loans, deposits, investments and insurance to retail and commercial customers throughout the bank’s market areas.

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