Auburn National Bancorporation, Inc. (NASDAQ:AUBN) Sees Large Increase 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 volume of 1,572 shares, the days-to-cover ratio is presently 2.6 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 1,572 shares, the days-to-cover ratio is presently 2.6 days.

Auburn National Bancorporation Stock Performance

Shares of AUBN opened at $26.95 on Monday. The company has a 50-day simple moving average of $25.64 and a 200-day simple moving average of $25.64. Auburn National Bancorporation has a 52 week low of $19.00 and a 52 week high of $29.00. The firm has a market capitalization of $94.06 million, a P/E ratio of 13.15 and a beta of 0.44.

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

Auburn National Bancorporation Dividend Announcement

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Bridgeway Capital Management LLC increased its holdings in Auburn National Bancorporation by 4.7% in the 3rd quarter. Bridgeway Capital Management LLC now owns 30,046 shares of the financial services provider’s stock valued at $815,000 after buying an additional 1,353 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Auburn National Bancorporation by 1.0% during 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 acquiring an additional 407 shares in the last quarter. Vanguard Group Inc. increased its stake 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 period. Truffle Hound Capital LLC raised its position in Auburn National Bancorporation by 65.6% in the third quarter. Truffle Hound Capital LLC now owns 46,580 shares of the financial services provider’s stock worth $1,263,000 after purchasing an additional 18,460 shares in the last quarter. Finally, 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 period. 39.46% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Auburn National Bancorporation in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average 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.