Auburn National Bancorporation, Inc. (NASDAQ:AUBN) Short Interest Up 22.9% in January

Auburn National Bancorporation, Inc. (NASDAQ:AUBN) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 4,300 shares, a growth of 22.9% from the January 15th total of 3,500 shares. Based on an average daily trading volume, of 3,700 shares, the short-interest ratio is presently 1.2 days. Approximately 0.3% of the company’s stock are sold short.

Auburn National Bancorporation Trading Up 1.8 %

Shares of AUBN opened at $21.12 on Friday. Auburn National Bancorporation has a 12-month low of $16.48 and a 12-month high of $25.40. The business’s 50 day moving average is $22.55 and its 200 day moving average is $21.31. The company has a market capitalization of $73.69 million, a PE ratio of 11.48 and a beta of 0.52.

Auburn National Bancorporation (NASDAQ:AUBN) last announced its earnings results on Tuesday, January 28th. The financial services provider reported $0.45 earnings per share (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 Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Monday, March 10th will be paid a dividend of $0.27 per share. The ex-dividend date is Monday, March 10th. This represents a $1.08 annualized dividend and a dividend yield of 5.11%. Auburn National Bancorporation’s dividend payout ratio is currently 58.70%.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Auburn National Bancorporation in a report on Saturday. They set a “hold” rating on the stock.

Hedge Funds Weigh In On Auburn National Bancorporation

Large investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP lifted its position in 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 worth $931,000 after acquiring an additional 523 shares during the period. Fourthstone LLC purchased a new stake in Auburn National Bancorporation in the 4th quarter valued at $870,000. LPL Financial LLC purchased a new stake in Auburn National Bancorporation in the 4th quarter valued at about $461,000. Empowered Funds LLC raised its position in Auburn National Bancorporation by 5.4% in the fourth 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. Finally, Geode Capital Management LLC lifted its position in shares of Auburn National Bancorporation by 6.5% during the third quarter. Geode Capital Management LLC now owns 23,368 shares of the financial services provider’s stock worth $535,000 after purchasing an additional 1,429 shares in the last quarter. Institutional investors 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.