Short Interest in Auburn National Bancorporation, Inc. (NASDAQ:AUBN) Drops By 15.6%

Auburn National Bancorporation, Inc. (NASDAQ:AUBN) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 3,800 shares, a decline of 15.6% from the February 28th total of 4,500 shares. Based on an average trading volume of 3,200 shares, the short-interest ratio is currently 1.2 days. Currently, 0.3% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Auburn National Bancorporation in a report on Thursday, March 27th. They issued a “hold” rating for the company.

Auburn National Bancorporation Stock Performance

Shares of AUBN stock opened at $21.59 on Tuesday. Auburn National Bancorporation has a 52 week low of $16.48 and a 52 week high of $25.40. The company’s 50 day moving average price is $21.28 and its two-hundred day moving average price is $21.93. The company has a market capitalization of $75.44 million, a P/E ratio of 11.73 and a beta of 0.56.

Auburn National Bancorporation (NASDAQ:AUBN) last issued its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $0.45 EPS for the quarter. Auburn National Bancorporation had a net margin of 2.43% and a return on equity of 8.20%.

Auburn National Bancorporation Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Monday, March 10th were given a dividend of $0.27 per share. The ex-dividend date was Monday, March 10th. This represents a $1.08 annualized dividend and a dividend yield of 5.00%. Auburn National Bancorporation’s dividend payout ratio is currently 58.70%.

Institutional Investors Weigh In On Auburn National Bancorporation

Hedge funds and other institutional investors have recently bought and sold shares of the company. Captrust Financial Advisors bought a new position in shares of Auburn National Bancorporation during the 3rd quarter worth approximately $211,000. RBF Capital LLC bought a new position in Auburn National Bancorporation in the third quarter valued at $229,000. Empowered Funds LLC increased its stake in Auburn National Bancorporation by 5.4% in the 4th quarter. Empowered Funds LLC now owns 11,170 shares of the financial services provider’s stock valued at $262,000 after buying an additional 572 shares during the last quarter. Wealthedge Investment Advisors LLC acquired a new stake in Auburn National Bancorporation in the 4th quarter valued at $272,000. Finally, LPL Financial LLC acquired a new position in shares of Auburn National Bancorporation during the 4th quarter worth about $461,000. Institutional investors and hedge funds own 39.46% of the company’s 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.