Auburn National Bancorporation, Inc. (NASDAQ:AUBN) Sees Large Increase in Short Interest

Auburn National Bancorporation, Inc. (NASDAQ:AUBN - Get Free Report) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 3,800 shares, a growth of 22.6% from the March 15th total of 3,100 shares. Based on an average daily trading volume, of 2,300 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.3% of the company's stock are sold short.

Institutional Investors Weigh In On Auburn National Bancorporation

Institutional investors have recently added to or reduced their stakes in the stock. UBS Group AG raised its stake in Auburn National Bancorporation by 1,000.0% in the second quarter. UBS Group AG now owns 946 shares of the financial services provider's stock valued at $25,000 after buying an additional 860 shares during the last quarter. BlackRock Inc. raised its stake in Auburn National Bancorporation by 7.8% in the second quarter. BlackRock Inc. now owns 7,010 shares of the financial services provider's stock valued at $149,000 after buying an additional 505 shares during the last quarter. Renaissance Technologies LLC raised its stake in Auburn National Bancorporation by 8.6% in the second quarter. Renaissance Technologies LLC now owns 10,141 shares of the financial services provider's stock valued at $216,000 after buying an additional 800 shares during the last quarter. Captrust Financial Advisors purchased a new position in shares of Auburn National Bancorporation in the second quarter worth about $222,000. Finally, BNP Paribas Arbitrage SNC raised its stake in shares of Auburn National Bancorporation by 1,528,500.0% in the third quarter. BNP Paribas Arbitrage SNC now owns 15,286 shares of the financial services provider's stock worth $336,000 after purchasing an additional 15,285 shares during the last quarter. Institutional investors own 39.46% of the company's stock.

Auburn National Bancorporation Trading Down 0.7 %

Shares of AUBN traded down $0.13 during midday trading on Friday, reaching $17.62. 1,961 shares of the stock were exchanged, compared to its average volume of 3,929. Auburn National Bancorporation has a 52 week low of $17.49 and a 52 week high of $24.15. The company's 50 day moving average is $19.89 and its two-hundred day moving average is $20.58. The company has a market capitalization of $61.49 million, a P/E ratio of 44.05 and a beta of 0.49.

Auburn National Bancorporation (NASDAQ:AUBN - Get Free Report) last issued its quarterly earnings data on Monday, January 29th. The financial services provider reported ($1.14) earnings per share for the quarter. Auburn National Bancorporation had a net margin of 4.44% and a return on equity of 1.97%. The company had revenue of $0.63 million for the quarter.

Auburn National Bancorporation Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 25th. Investors of record on Friday, March 8th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 6.13%. The ex-dividend date was Thursday, March 7th. Auburn National Bancorporation's payout ratio is currently 270.00%.

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.