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

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

Hedge Funds Weigh In On Auburn National Bancorporation

Institutional investors and hedge funds have recently modified their holdings of the stock. Fourthstone LLC acquired a new position in Auburn National Bancorporation in the 4th quarter valued at about $870,000. LPL Financial LLC acquired a new position in shares of Auburn National Bancorporation in the fourth quarter valued at approximately $461,000. Wealthedge Investment Advisors LLC bought a new position in shares of Auburn National Bancorporation during the fourth quarter worth approximately $272,000. RBF Capital LLC acquired a new stake in Auburn National Bancorporation during the 3rd quarter worth approximately $229,000. Finally, Captrust Financial Advisors bought a new stake in Auburn National Bancorporation in the 3rd quarter valued at $211,000. 39.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of Auburn National Bancorporation in a research note on Thursday, March 27th. They issued a “hold” rating for the company.

Auburn National Bancorporation Price Performance

Auburn National Bancorporation stock opened at $21.59 on Tuesday. The company’s 50-day moving average is $21.28 and its 200-day moving average is $21.93. The firm has a market capitalization of $75.44 million, a PE ratio of 11.73 and a beta of 0.56. Auburn National Bancorporation has a fifty-two week low of $16.48 and a fifty-two week high of $25.40.

Auburn National Bancorporation (NASDAQ:AUBN) last announced its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $0.45 earnings per share 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 business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders 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 dividend on an annualized basis and a yield of 5.00%. Auburn National Bancorporation’s dividend payout ratio (DPR) is 58.70%.

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.