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

Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 1,700 shares, an increase of 30.8% from the May 30th total of 1,300 shares. Based on an average daily trading volume, of 2,400 shares, the short-interest ratio is currently 0.7 days. Approximately 0.0% of the shares of the company are short sold.

BOTJ traded down $0.19 on Friday, hitting $14.55. The company’s stock had a trading volume of 1,163 shares, compared to its average volume of 2,381. The stock’s 50 day simple moving average is $14.24. The stock has a market cap of $63.71 million, a price-to-earnings ratio of 11.73 and a beta of 0.41. Bank of the James Financial Group has a 12 month low of $12.60 and a 12 month high of $17.91.

Bank of the James Financial Group (NASDAQ:BOTJ) last released its quarterly earnings data on Friday, April 26th. The financial services provider reported $0.28 EPS for the quarter. The company had revenue of $7.35 million during the quarter. Bank of the James Financial Group had a net margin of 16.20% and a return on equity of 9.93%.



The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 21st. Investors of record on Friday, June 7th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 1.65%. The ex-dividend date of this dividend was Thursday, June 6th.

In other Bank of the James Financial Group news, Director Lydia K. Langley acquired 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 1st. The stock was bought at an average cost of $14.39 per share, with a total value of $28,780.00. Following the acquisition, the director now owns 15,061 shares in the company, valued at $216,727.79. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last ninety days, insiders purchased 3,969 shares of company stock valued at $57,448. 10.44% of the stock is owned by insiders.

An institutional investor recently raised its position in Bank of the James Financial Group stock. Eidelman Virant Capital raised its position in Bank of the James Financial Group, Inc. (NASDAQ:BOTJ) by 1.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 254,787 shares of the financial services provider’s stock after purchasing an additional 2,655 shares during the period. Bank of the James Financial Group accounts for 2.5% of Eidelman Virant Capital’s investment portfolio, making the stock its 10th biggest position. Eidelman Virant Capital owned about 5.82% of Bank of the James Financial Group worth $3,495,000 at the end of the most recent quarter. 33.17% of the stock is 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. It accepts checking, savings, and individual retirement accounts, as well as other time deposits, including money market accounts and certificates of deposit.

See Also: Trading Stocks – What are percentage gainers?

Receive News & Ratings for Bank of the James Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of the James Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.