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

Auburn National Bancorporation, Inc. (NASDAQ:AUBN) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 6,400 shares, agrowthof48.8% from the July 15th total of 4,300 shares. Currently,0.4% of the shares of the stock are short sold. Based on an average trading volume of 2,100 shares, the short-interest ratio is presently 3.0 days. Based on an average trading volume of 2,100 shares, the short-interest ratio is presently 3.0 days. Currently,0.4% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, Wall Street Zen initiated coverage on Auburn National Bancorporation in a report on Thursday, May 22nd. They issued a “hold” rating for the company.

Auburn National Bancorporation Stock Performance

Auburn National Bancorporation stock opened at $25.26 on Tuesday. Auburn National Bancorporation has a 52 week low of $17.51 and a 52 week high of $29.00. The stock has a market capitalization of $88.16 million, a P/E ratio of 13.23 and a beta of 0.45. The stock has a fifty day moving average of $25.08 and a 200-day moving average of $22.23.

Auburn National Bancorporation (NASDAQ:AUBN) last posted its quarterly earnings results on Tuesday, July 22nd. The financial services provider reported $0.52 EPS for the quarter. Auburn National Bancorporation had a return on equity of 8.02% and a net margin of 15.43%. The company had revenue of $8.13 million during the quarter.

Auburn National Bancorporation Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Wednesday, September 10th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Wednesday, September 10th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 4.3%. Auburn National Bancorporation’s payout ratio is 56.54%.

Institutional Investors Weigh In On Auburn National Bancorporation

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its position in shares of Auburn National Bancorporation by 1.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 39,624 shares of the financial services provider’s stock valued at $931,000 after buying an additional 523 shares during the last quarter. LPL Financial LLC bought a new stake in shares of Auburn National Bancorporation in the 4th quarter valued at about $461,000. Wealthedge Investment Advisors LLC bought a new stake in shares of Auburn National Bancorporation in the 4th quarter valued at about $272,000. Bridgeway Capital Management LLC grew its position in shares of Auburn National Bancorporation by 1.9% in the 4th quarter. Bridgeway Capital Management LLC now owns 30,670 shares of the financial services provider’s stock valued at $720,000 after buying an additional 572 shares during the last quarter. Finally, Empowered Funds LLC boosted its position in shares of Auburn National Bancorporation by 8.4% during the 1st quarter. Empowered Funds LLC now owns 12,105 shares of the financial services provider’s stock valued at $261,000 after purchasing an additional 935 shares in the last quarter. Institutional investors own 39.46% of the company’s stock.

Auburn National Bancorporation Company Profile

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.