Auburn National Bancorporation, Inc. (NASDAQ:AUBN) Sees Significant Decline in Short Interest

Auburn National Bancorporation, Inc. (NASDAQ:AUBN) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 1,900 shares, a drop of 9.5% from the October 31st total of 2,100 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 6,000 shares, the days-to-cover ratio is presently 0.3 days.

Auburn National Bancorporation Stock Down 0.2 %

Shares of Auburn National Bancorporation stock traded down $0.04 on Monday, reaching $22.96. The stock had a trading volume of 969 shares, compared to its average volume of 4,298. The stock has a market capitalization of $80.13 million, a P/E ratio of 92.00 and a beta of 0.55. The company has a 50 day moving average price of $21.97 and a 200 day moving average price of $19.79. Auburn National Bancorporation has a 1 year low of $16.48 and a 1 year high of $25.25.

Hedge Funds Weigh In On Auburn National Bancorporation

Several institutional investors and hedge funds have recently bought and sold shares of AUBN. Captrust Financial Advisors acquired a new position in Auburn National Bancorporation during the 3rd quarter valued at approximately $211,000. RBF Capital LLC purchased a new stake in shares of Auburn National Bancorporation in the 3rd quarter valued at $229,000. Empowered Funds LLC increased its stake in shares of 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 worth $243,000 after acquiring an additional 536 shares during the period. Geode Capital Management LLC raised its holdings in shares of Auburn National Bancorporation by 6.5% during the third 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 during the last quarter. Finally, Aptus Capital Advisors LLC raised its stake in shares of 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 valued at $650,000 after buying an additional 3,691 shares during the last quarter. 39.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on Auburn National Bancorporation in a research report on Wednesday, November 27th. They set a “hold” rating on the stock.

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.