Short Interest in Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) Increases By 20.4%

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) saw a significant 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 trading volume, of 7,300 shares, the short-interest ratio is presently 0.8 days. Currently, 0.2% of the company’s stock are sold short.

Bank of the James Financial Group Trading Up 4.0 %

Shares of BOTJ traded up $0.54 during trading hours on Friday, hitting $14.00. The company had a trading volume of 13,041 shares, compared to its average volume of 7,661. The company has a market capitalization of $63.98 million, a PE ratio of 7.61 and a beta of 0.79. Bank of the James Financial Group has a one year low of $9.65 and a one year high of $17.05. The company’s fifty day moving average price is $14.84 and its two-hundred day moving average price is $13.73.

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in BOTJ. Empowered Funds LLC grew its position in Bank of the James Financial Group by 5.0% during the 3rd quarter. Empowered Funds LLC now owns 19,642 shares of the financial services provider’s stock worth $270,000 after purchasing an additional 938 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Bank of the James Financial Group by 46.8% during the second quarter. Dimensional Fund Advisors LP now owns 26,852 shares of the financial services provider’s stock valued at $302,000 after buying an additional 8,556 shares during the last quarter. Inspire Investing LLC acquired a new position in shares of Bank of the James Financial Group in the 3rd quarter valued at $1,018,000. Finally, Fourthstone LLC raised its stake in 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 acquiring an additional 20,191 shares during the last quarter. 18.50% of the stock is owned by institutional investors and hedge funds.

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.