Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Sees Significant Growth in Short Interest

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) saw a large growth in short interest in December. As of December 31st, there was short interest totalling 5,900 shares, a growth of 20.4% from the December 15th total of 4,900 shares. Based on an average daily volume of 7,300 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Trading of Bank of the James Financial Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Empowered Funds LLC increased its stake in Bank of the James Financial Group by 5.0% in the 3rd quarter. Empowered Funds LLC now owns 19,642 shares of the financial services provider’s stock valued at $270,000 after purchasing an additional 938 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Bank of the James Financial Group by 46.8% in 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. Inspire Investing LLC purchased a new position in shares of Bank of the James Financial Group in the third quarter valued at $1,018,000. Finally, Fourthstone LLC boosted its position in shares of Bank of the James Financial Group by 27.7% in the 3rd quarter. Fourthstone LLC now owns 93,119 shares of the financial services provider’s stock worth $1,279,000 after buying an additional 20,191 shares in the last quarter. Institutional investors and hedge funds own 18.50% of the company’s stock.

Bank of the James Financial Group Price Performance

NASDAQ BOTJ traded up $0.54 on Friday, hitting $14.00. 13,041 shares of the company’s stock were exchanged, compared to its average volume of 7,661. The firm’s 50-day moving average price is $14.84 and its two-hundred day moving average price is $13.73. The firm has a market cap of $63.98 million, a price-to-earnings ratio of 7.61 and a beta of 0.79. Bank of the James Financial Group has a fifty-two week low of $9.65 and a fifty-two week high of $17.05.

Bank of the James Financial Group (NASDAQ:BOTJ) last released its quarterly earnings data on Friday, October 25th. The financial services provider reported $0.44 earnings per share (EPS) for the quarter. Bank of the James Financial Group had a return on equity of 13.36% and a net margin of 14.46%. The firm had revenue of $11.33 million during the quarter.

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.