Short Interest in Auburn National Bancorporation, Inc. (NASDAQ:AUBN) Declines By 15.6%

Auburn National Bancorporation, Inc. (NASDAQ:AUBN) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 3,800 shares, a decline of 15.6% from the February 28th total of 4,500 shares. Based on an average daily trading volume, of 3,200 shares, the short-interest ratio is currently 1.2 days. Currently, 0.3% of the shares of the stock are short sold.

Auburn National Bancorporation Price Performance

Shares of NASDAQ:AUBN opened at $21.66 on Wednesday. Auburn National Bancorporation has a one year low of $16.48 and a one year high of $25.40. The company has a market cap of $75.69 million, a price-to-earnings ratio of 11.77 and a beta of 0.56. The firm has a 50 day simple moving average of $21.25 and a 200 day simple moving average of $21.94.

Auburn National Bancorporation (NASDAQ:AUBN) last released its quarterly earnings data 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 company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Monday, March 10th were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 4.99%. The ex-dividend date of this dividend was Monday, March 10th. Auburn National Bancorporation’s dividend payout ratio is currently 58.70%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in AUBN. Wealthedge Investment Advisors LLC bought a new position in shares of Auburn National Bancorporation during the fourth quarter valued at $272,000. Bridgeway Capital Management LLC raised its position in Auburn National Bancorporation by 1.9% during the 4th quarter. Bridgeway Capital Management LLC now owns 30,670 shares of the financial services provider’s stock worth $720,000 after purchasing an additional 572 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Auburn National Bancorporation by 1.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 39,624 shares of the financial services provider’s stock worth $931,000 after buying an additional 523 shares during the period. Fourthstone LLC bought a new stake in shares of Auburn National Bancorporation in the 4th quarter valued at about $870,000. Finally, LPL Financial LLC acquired a new stake in shares of Auburn National Bancorporation in the fourth quarter valued at about $461,000. Institutional investors own 39.46% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Auburn National Bancorporation in a research note on Thursday, March 27th. They set a “hold” rating for the company.

Auburn National Bancorporation Company Profile

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.