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

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ - Get Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 4,100 shares, a growth of 20.6% from the April 30th total of 3,400 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 4,400 shares, the days-to-cover ratio is presently 0.9 days.

Bank of the James Financial Group Stock Performance

Shares of BOTJ traded up $0.05 during midday trading on Friday, hitting $14.25. 9,904 shares of the stock were exchanged, compared to its average volume of 6,511. Bank of the James Financial Group has a 52-week low of $10.14 and a 52-week high of $17.05. The stock has a fifty day simple moving average of $14.03 and a 200 day simple moving average of $14.11. The firm has a market cap of $65.27 million, a P/E ratio of 8.14 and a beta of 0.33.

Bank of the James Financial Group (NASDAQ:BOTJ - Get Free Report) last posted its earnings results on Wednesday, April 30th. The financial services provider reported $0.19 EPS for the quarter. The business had revenue of $11.00 million for the quarter. Bank of the James Financial Group had a return on equity of 12.48% and a net margin of 13.29%.

Bank of the James Financial Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Friday, June 6th will be issued a $0.10 dividend. The ex-dividend date is Friday, June 6th. This represents a $0.40 annualized dividend and a yield of 2.81%. Bank of the James Financial Group's dividend payout ratio (DPR) is presently 27.40%.

Insider Transactions at Bank of the James Financial Group

In other news, President Robert R. Chapman bought 2,828 shares of the firm's stock in a transaction dated Monday, May 5th. The shares were acquired at an average price of $14.11 per share, for a total transaction of $39,903.08. Following the completion of the transaction, the president now directly owns 122,885 shares in the company, valued at $1,733,907.35. The trade was a 2.36% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director William C. Bryant III purchased 6,602 shares of the business's stock in a transaction that occurred on Thursday, May 22nd. The stock was bought at an average cost of $14.49 per share, with a total value of $95,662.98. Following the acquisition, the director now owns 73,093 shares of the company's stock, valued at approximately $1,059,117.57. The trade was a 9.93% increase in their position. The disclosure for this purchase can be found here. Insiders have purchased 10,352 shares of company stock worth $148,617 over the last quarter. 15.37% of the stock is currently owned by insiders.

Institutional Trading of Bank of the James Financial Group

Institutional investors and hedge funds have recently made changes to their positions in the company. WealthTrak Capital Management LLC acquired a new stake in shares of Bank of the James Financial Group during the fourth quarter valued at about $34,000. RFG Bristol Wealth Advisors LLC acquired a new stake in shares of Bank of the James Financial Group in the fourth quarter valued at $178,000. Empowered Funds LLC raised its holdings in shares of Bank of the James Financial Group by 4.9% in the 4th quarter. Empowered Funds LLC now owns 20,598 shares of the financial services provider's stock worth $315,000 after purchasing an additional 956 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Bank of the James Financial Group by 3.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 28,466 shares of the financial services provider's stock worth $436,000 after purchasing an additional 911 shares in the last quarter. Finally, Bridgeway Capital Management LLC raised its holdings in shares of Bank of the James Financial Group by 2.9% in the 4th quarter. Bridgeway Capital Management LLC now owns 33,598 shares of the financial services provider's stock worth $514,000 after purchasing an additional 956 shares in the last quarter. 18.50% of the stock is currently owned by institutional investors and hedge funds.

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.