Short Interest in Auburn National Bancorporation, Inc. (NASDAQ:AUBN) Increases By 48.8%

Key Points

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Auburn National Bancorporation, Inc. (NASDAQ:AUBN - Get Free Report) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 6,400 shares, agrowthof48.8% from the July 15th total of 4,300 shares. Currently,0.4% of the shares of the stock are sold short. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is currently 3.0 days. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is currently 3.0 days. Currently,0.4% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen initiated coverage on Auburn National Bancorporation in a report on Thursday, May 22nd. They set a "hold" rating on the stock.

Institutional Trading of Auburn National Bancorporation

Institutional investors and hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP raised its position in shares of 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 valued at $931,000 after acquiring an additional 523 shares during the last quarter. LPL Financial LLC acquired a new position in shares of Auburn National Bancorporation in the 4th quarter valued at $461,000. Wealthedge Investment Advisors LLC acquired a new position in shares of Auburn National Bancorporation in the 4th quarter valued at $272,000. Bridgeway Capital Management LLC grew its holdings in shares of Auburn National Bancorporation by 1.9% in the 4th quarter. Bridgeway Capital Management LLC now owns 30,670 shares of the financial services provider's stock valued at $720,000 after buying an additional 572 shares during the period. Finally, Empowered Funds LLC grew its holdings in shares of Auburn National Bancorporation by 8.4% in the 1st quarter. Empowered Funds LLC now owns 12,105 shares of the financial services provider's stock valued at $261,000 after buying an additional 935 shares during the period. Institutional investors own 39.46% of the company's stock.

Auburn National Bancorporation Price Performance

Shares of AUBN traded up $0.1010 on Friday, hitting $24.0310. The company's stock had a trading volume of 1,453 shares, compared to its average volume of 1,845. The company has a market capitalization of $83.87 million, a PE ratio of 12.58 and a beta of 0.45. Auburn National Bancorporation has a fifty-two week low of $17.51 and a fifty-two week high of $29.00. The company has a 50 day moving average price of $25.26 and a 200 day moving average price of $22.31.

Auburn National Bancorporation (NASDAQ:AUBN - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The financial services provider reported $0.52 earnings per share for the quarter. Auburn National Bancorporation had a net margin of 15.43% and a return on equity of 8.02%. The firm had revenue of $8.13 million during the quarter.

Auburn National Bancorporation Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Wednesday, September 10th will be given a dividend of $0.27 per share. The ex-dividend date is Wednesday, September 10th. This represents a $1.08 annualized dividend and a dividend yield of 4.5%. Auburn National Bancorporation's payout ratio is presently 56.54%.

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.