Auburn National Bancorporation, Inc. (NASDAQ:AUBN) Short Interest Up 34.8% in December

Auburn National Bancorporation, Inc. (NASDAQ:AUBN) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 3,100 shares, an increase of 34.8% from the December 15th total of 2,300 shares. Based on an average daily trading volume, of 4,100 shares, the short-interest ratio is presently 0.8 days. Currently, 0.2% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on Auburn National Bancorporation in a report on Tuesday. They set a “hold” rating on the stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. RBF Capital LLC bought a new stake in shares of Auburn National Bancorporation during the 3rd quarter valued at approximately $229,000. Captrust Financial Advisors bought a new position in shares of Auburn National Bancorporation in the 3rd quarter valued at $211,000. Aptus Capital Advisors LLC grew its position in Auburn National Bancorporation by 14.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 28,390 shares of the financial services provider’s stock worth $650,000 after acquiring an additional 3,691 shares during the last quarter. Geode Capital Management LLC increased its holdings in Auburn National Bancorporation by 6.5% in the 3rd quarter. Geode Capital Management LLC now owns 23,368 shares of the financial services provider’s stock worth $535,000 after purchasing an additional 1,429 shares in the last quarter. Finally, Empowered Funds LLC raised its position in Auburn National Bancorporation by 5.3% in the third quarter. Empowered Funds LLC now owns 10,598 shares of the financial services provider’s stock valued at $243,000 after purchasing an additional 536 shares during the last quarter. Institutional investors own 39.46% of the company’s stock.

Auburn National Bancorporation Stock Performance

Shares of NASDAQ AUBN traded up $0.26 during trading hours on Friday, hitting $22.25. 1,453 shares of the stock were exchanged, compared to its average volume of 2,395. The company’s fifty day simple moving average is $22.94 and its two-hundred day simple moving average is $20.87. The company has a market cap of $77.66 million, a PE ratio of 89.00 and a beta of 0.52. Auburn National Bancorporation has a 1-year low of $16.48 and a 1-year high of $25.40.

About Auburn National Bancorporation

Auburn National Bancorporation, Inc operates as the bank holding company for AuburnBank that provides various banking products and services in East Alabama. The company offers checking, savings, and transaction deposit accounts, as well as certificates of deposit. It also provides commercial, financial, agricultural, real estate construction, and consumer loan products; and other financial services.