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

Auburn National Bancorporation, Inc. (NASDAQ:AUBN) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 4,019 shares, an increase of 43.4% from the November 30th total of 2,803 shares. Based on an average daily trading volume, of 1,572 shares, the short-interest ratio is currently 2.6 days. Currently, 0.2% of the company’s stock are short sold. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 1,572 shares, the short-interest ratio is currently 2.6 days.

Institutional Investors Weigh In On Auburn National Bancorporation

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Empowered Funds LLC lifted its stake in Auburn National Bancorporation by 8.4% during the first quarter. Empowered Funds LLC now owns 12,105 shares of the financial services provider’s stock worth $261,000 after purchasing an additional 935 shares during the last quarter. Truffle Hound Capital LLC purchased a new stake in shares of Auburn National Bancorporation during the 2nd quarter worth approximately $703,000. Bridgeway Capital Management LLC boosted its holdings in shares of Auburn National Bancorporation by 2.1% in the 2nd quarter. Bridgeway Capital Management LLC now owns 28,693 shares of the financial services provider’s stock valued at $743,000 after buying an additional 588 shares in the last quarter. Vanguard Group Inc. lifted its position in Auburn National Bancorporation by 3.2% in the third quarter. Vanguard Group Inc. now owns 77,085 shares of the financial services provider’s stock valued at $2,090,000 after acquiring an additional 2,402 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Auburn National Bancorporation by 1.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 41,808 shares of the financial services provider’s stock valued at $1,133,000 after purchasing an additional 407 shares during the last quarter. Institutional investors and hedge funds own 39.46% of the company’s stock.

Auburn National Bancorporation Stock Up 0.9%

Shares of NASDAQ:AUBN opened at $27.19 on Tuesday. The firm’s 50 day moving average price is $25.67 and its 200 day moving average price is $25.68. The stock has a market cap of $94.98 million, a price-to-earnings ratio of 13.26 and a beta of 0.44. Auburn National Bancorporation has a fifty-two week low of $19.00 and a fifty-two week high of $29.00.

Auburn National Bancorporation (NASDAQ:AUBN) last posted its quarterly earnings results on Wednesday, November 12th. The financial services provider reported $0.64 EPS for the quarter. Auburn National Bancorporation had a net margin of 16.42% and a return on equity of 8.48%. The company had revenue of $8.40 million during the quarter.

Auburn National Bancorporation Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 10th were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Wednesday, December 10th. Auburn National Bancorporation’s payout ratio is 52.68%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Auburn National Bancorporation in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Auburn National Bancorporation currently has a consensus rating of “Hold”.

Auburn National Bancorporation Company Profile

Auburn National Bancorporation is a bank holding company headquartered in Auburn, Alabama. It operates through its wholly owned subsidiary, AuburnBank, providing a comprehensive suite of financial services to individuals, businesses and municipalities throughout central and eastern Alabama.

The company’s retail banking offerings include checking and savings accounts, consumer and mortgage lending, online and mobile banking, and wealth management services. On the commercial side, AuburnBank delivers business checking, commercial real estate financing, equipment loans and cash management solutions tailored to support the growth and operational needs of local enterprises.

Serving primarily the Auburn–Opelika metropolitan area and surrounding counties, Auburn National Bancorporation leverages deep community ties and regional expertise to craft banking solutions that meet the unique needs of its customers.