Short Interest in Auburn National Bancorporation, Inc. (NASDAQ:AUBN) Expands By 22.9%

Auburn National Bancorporation, Inc. (NASDAQ:AUBN) was the recipient of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 4,300 shares, an increase of 22.9% from the January 15th total of 3,500 shares. Based on an average trading volume of 3,700 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.3% of the company’s stock are sold short.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Auburn National Bancorporation in a research note on Saturday. They issued a “hold” rating for the company.

Hedge Funds Weigh In On Auburn National Bancorporation

Several institutional investors have recently modified their holdings of AUBN. Dimensional Fund Advisors LP increased its stake in shares of Auburn National Bancorporation by 1.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 39,624 shares of the financial services provider’s stock valued at $931,000 after purchasing an additional 523 shares during the period. Fourthstone LLC bought a new position in Auburn National Bancorporation in the 4th quarter worth approximately $870,000. Aptus Capital Advisors LLC increased its position in Auburn National Bancorporation by 14.9% in the 3rd quarter. Aptus Capital Advisors LLC now owns 28,390 shares of the financial services provider’s stock valued at $650,000 after acquiring an additional 3,691 shares during the period. Geode Capital Management LLC raised its stake in Auburn National Bancorporation by 6.5% during the 3rd quarter. Geode Capital Management LLC now owns 23,368 shares of the financial services provider’s stock valued at $535,000 after acquiring an additional 1,429 shares in the last quarter. Finally, LPL Financial LLC acquired a new position in Auburn National Bancorporation during the 4th quarter worth $461,000. Institutional investors own 39.46% of the company’s stock.

Auburn National Bancorporation Trading Up 1.8 %

Auburn National Bancorporation stock traded up $0.37 during midday trading on Friday, hitting $21.12. The stock had a trading volume of 3,694 shares, compared to its average volume of 4,911. The business has a fifty day moving average price of $22.50 and a 200 day moving average price of $21.35. Auburn National Bancorporation has a 12 month low of $16.48 and a 12 month high of $25.40. The stock has a market cap of $73.69 million, a P/E ratio of 11.48 and a beta of 0.52.

Auburn National Bancorporation (NASDAQ:AUBN) last announced its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $0.45 earnings per share for the quarter. Auburn National Bancorporation had a return on equity of 8.20% and a net margin of 2.43%.

Auburn National Bancorporation Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Monday, March 10th will be paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 5.11%. The ex-dividend date of this dividend is Monday, March 10th. Auburn National Bancorporation’s payout ratio is 58.70%.

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.