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

Key Points

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Auburn National Bancorporation, Inc. (NASDAQ:AUBN - Get Free Report) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 6,400 shares, anincreaseof48.8% from the July 15th total of 4,300 shares. 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. 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.

Auburn National Bancorporation Trading Down 0.6%

Shares of NASDAQ:AUBN traded down $0.1450 on Friday, hitting $23.7850. The company had a trading volume of 1,448 shares, compared to its average volume of 2,567. The company has a market cap of $83.01 million, a PE ratio of 12.45 and a beta of 0.45. The business has a 50 day moving average of $25.21 and a 200 day moving average of $22.29. Auburn National Bancorporation has a 52-week low of $17.51 and a 52-week high of $29.00.

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

Auburn National Bancorporation Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Wednesday, September 10th will be issued a $0.27 dividend. The ex-dividend date is Wednesday, September 10th. This represents a $1.08 dividend on an annualized basis and a yield of 4.5%. Auburn National Bancorporation's dividend payout ratio (DPR) is presently 56.54%.

Institutional Investors Weigh In On Auburn National Bancorporation

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Empowered Funds LLC grew its position in Auburn National Bancorporation by 8.4% in the first quarter. Empowered Funds LLC now owns 12,105 shares of the financial services provider's stock valued at $261,000 after acquiring an additional 935 shares in the last quarter. Wealthedge Investment Advisors LLC acquired a new stake in Auburn National Bancorporation during the 4th quarter valued at $272,000. LPL Financial LLC acquired a new stake in Auburn National Bancorporation during the 4th quarter valued at $461,000. Truffle Hound Capital LLC purchased a new stake in Auburn National Bancorporation during the 2nd quarter worth $703,000. Finally, Bridgeway Capital Management LLC lifted its holdings in 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 worth $720,000 after buying an additional 572 shares in the last quarter. 39.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

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.