Auburn National Bancorporation, Inc. (NASDAQ:AUBN) Short Interest Up 25.0% in May

Auburn National Bancorporation, Inc. (NASDAQ:AUBN - Get Free Report) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 2,500 shares, an increase of 25.0% from the April 30th total of 2,000 shares. Based on an average daily volume of 1,700 shares, the short-interest ratio is currently 1.5 days. Approximately 0.2% of the shares of the company are short sold.

Analysts Set New Price Targets

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

Institutional Trading of Auburn National Bancorporation

Several hedge funds have recently added to or reduced their stakes in AUBN. Empowered Funds LLC increased its position in shares of Auburn National Bancorporation by 5.4% during the 4th quarter. Empowered Funds LLC now owns 11,170 shares of the financial services provider's stock valued at $262,000 after purchasing an additional 572 shares during the period. Wealthedge Investment Advisors LLC acquired a new position in shares of Auburn National Bancorporation during the 4th quarter valued at $272,000. LPL Financial LLC acquired a new position in shares of Auburn National Bancorporation during the 4th quarter valued at $461,000. Bridgeway Capital Management LLC increased its position in shares of 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 valued at $720,000 after purchasing an additional 572 shares during the period. Finally, Fourthstone LLC acquired a new position in shares of Auburn National Bancorporation during the 4th quarter valued at $870,000. Institutional investors own 39.46% of the company's stock.

Auburn National Bancorporation Stock Up 1.0%

Auburn National Bancorporation stock traded up $0.21 during mid-day trading on Friday, hitting $21.83. 8,759 shares of the company's stock traded hands, compared to its average volume of 4,148. The firm has a 50 day moving average price of $20.35 and a 200 day moving average price of $21.51. The company has a market cap of $76.27 million, a PE ratio of 11.86 and a beta of 0.32. Auburn National Bancorporation has a one year low of $16.48 and a one year high of $25.40.

Auburn National Bancorporation (NASDAQ:AUBN - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The financial services provider reported $0.44 earnings per share for the quarter. The firm had revenue of $7.79 million for the quarter. Auburn National Bancorporation had a return on equity of 8.20% and a net margin of 2.43%.

Auburn National Bancorporation Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Tuesday, June 10th will be paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 4.95%. The ex-dividend date is Tuesday, June 10th. Auburn National Bancorporation's payout ratio is currently 57.14%.

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.