200,000 Shares in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) Purchased by Oppenheimer & Close LLC

Oppenheimer & Close LLC acquired a new stake in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS - Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 200,000 shares of the company's stock, valued at approximately $652,000. Oppenheimer & Close LLC owned about 0.23% of Blue Ridge Bankshares as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in BRBS. Alpine Global Management LLC bought a new position in shares of Blue Ridge Bankshares during the 4th quarter worth approximately $34,000. Boothbay Fund Management LLC acquired a new position in Blue Ridge Bankshares during the 4th quarter worth approximately $41,000. Wells Fargo & Company MN acquired a new position in shares of Blue Ridge Bankshares in the fourth quarter valued at approximately $42,000. Dynamic Technology Lab Private Ltd bought a new position in Blue Ridge Bankshares during the 4th quarter worth $43,000. Finally, Two Sigma Advisers LP acquired a new position in Blue Ridge Bankshares during the 4th quarter worth about $51,000. Institutional investors and hedge funds own 50.48% of the company's stock.

Blue Ridge Bankshares Trading Up 0.3%

Shares of BRBS stock traded up $0.01 on Monday, hitting $3.60. The company had a trading volume of 516,154 shares, compared to its average volume of 346,766. Blue Ridge Bankshares, Inc. has a twelve month low of $2.45 and a twelve month high of $3.83. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.05 and a current ratio of 1.06. The firm has a market cap of $328.24 million, a P/E ratio of -5.63 and a beta of 0.81. The stock's 50-day moving average is $3.46 and its two-hundred day moving average is $3.38.

About Blue Ridge Bankshares

Blue Ridge Bankshares, Inc operates as a bank holding company for the Blue Ridge Bank, National Association that provides commercial and consumer banking, and financial services. It operates through: Commercial Banking and Mortgage Banking segments. The company accepts checking, savings, money market, cash management, and individual retirement accounts, as well as certificates of deposit.