1,108 shares changed hands by the end of trading on Tuesday. Shares saw a steep decrease in trading volume of 89.89% under the normal average daily volume.
Traders are feeling more bullish on shares of the company lately at least if you consider the motion in short interest. The company realized a fall in short interest of -65.39% as of the latest report on October 13, 2017. Short interest decreased from 4,455 to 1,542 over that timeframe. The days to cover decreased to 0.0 and the short interest percentage is 0.00% as of October 13.
There has been some buying insider activity on Bank of The Jame Fnl (NASDAQ:BOTJ) recently. Director Lewis C. Addison bought 250 shares at an average price of $14.65 on October 25th. That brings Addison’s holdings to $217,553 per an SEC filing yesterday. Watt R. Jr Foster, Director purchased $4,790 worth of shares at an average price of $14.97 on Mon the 23rd. The Director now owns $1,207,241 of the stock as recorded in a recent Form 4 SEC filing.
Robert R. Chapman, President disclosed the purchase of 150 shares. The shares were purchased at an average price of $14.83. The President now owns $1,625,116 of the stock according to the SEC filing.
The following firms have recently changed their position in BOTJ. Stieven Capital Advisors, L.p. divested its stake by shedding 4,300 shares a decrease of 2.9% from 06/30/2017 to 09/30/2017. Stieven Capital Advisors, L.p. claims 144,800 shares with a value of $2,100,000. The value of the position overall is down by 5.9%. As of the end of the quarter Wells Fargo & Company/mn had bought a total of 5,110 shares growing its position 80.7%. The value of the total investment in Bank of The Jame Fnl went from $95,000 to $166,000 a change of 74.7% since the last quarter.
As of quarter end Pettyjohn, Wood & White, Inc had disposed of 22,370 shares trimming its stake by 12.0%. The value of the investment in Bank of The Jame Fnl decreased from $2,799,000 to $2,389,000 a change of $410,000 quarter to quarter. As of the end of the quarter Basswood Capital Management, L.l.c. had acquired a total of 5,279 shares growing its holdings by 1.4%. The value of the investment in BOTJ went from $5,674,000 to $5,576,000 decreasing 1.7% quarter over quarter.
The company is trading down by 0.41% percent from yesterday’s close. Bank of The Jame Fnl currently has a P/E ratio of 22.54 and market cap is 64.36M. In the latest earnings report the EPS was $0.65 with 4.38M shares outstanding.
Bank of the James Financial Group, Inc., launched on October 23, 1998, is a bank holding company for Bank of the James (Bank). The Bank is a Virginia banking corporation engaged in general retail and commercial banking business. The Company conducts two principal activities: general retail and commercial banking through the Bank and mortgage origination services through Bank of the James Mortgage, a division of the Bank. In addition, the Company provides securities brokerage services through BOTJ Investment, a division of the Bank and acts as an agent for insurance and annuity products through BOTJ Insurance, Inc. (BOTJ Insurance), a subsidiary of the Bank. Other services offered by the Bank include safe deposit boxes, traveler’s checks, direct deposit of payroll and social security checks, automatic drafts for various accounts, treasury management services and credit card merchant services. It also provides brokerage and investment services through the Bank’s Investment division..