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

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) was the target of a large growth in short interest during the month of 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. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 7,300 shares, the days-to-cover ratio is presently 0.8 days.

Bank of the James Financial Group Stock Up 4.0 %

BOTJ traded up $0.54 on Friday, reaching $14.00. The company had a trading volume of 13,041 shares, compared to its average volume of 7,661. Bank of the James Financial Group has a 1 year low of $9.65 and a 1 year high of $17.05. The stock has a market capitalization of $63.98 million, a PE ratio of 7.61 and a beta of 0.79. The stock has a 50-day moving average price of $14.84 and a 200-day moving average price of $13.73.

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

Institutional Investors Weigh In On Bank of the James Financial Group

Several large investors have recently modified their holdings of the company. Inspire Investing LLC acquired a new stake in shares of Bank of the James Financial Group during the third quarter worth about $1,018,000. Fourthstone LLC lifted its position in Bank of the James Financial Group by 27.7% during 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 period. Dimensional Fund Advisors LP grew its stake in shares of Bank of the James Financial Group by 46.8% in the 2nd 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. Finally, Empowered Funds LLC increased its holdings in shares of Bank of the James Financial Group by 5.0% in the third 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 during the period. 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.