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

Auburn National Bancorporation, Inc. (NASDAQ:AUBN) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 3,100 shares, a growth of 34.8% from the December 31st total of 2,300 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 4,100 shares, the days-to-cover ratio is presently 0.8 days.

Wall Street Analyst Weigh In

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

Institutional Trading of Auburn National Bancorporation

Several hedge funds have recently added to or reduced their stakes in AUBN. Captrust Financial Advisors bought a new position in shares of Auburn National Bancorporation during the 3rd quarter valued at approximately $211,000. RBF Capital LLC purchased a new position in Auburn National Bancorporation in the third quarter valued at approximately $229,000. Empowered Funds LLC grew its holdings in Auburn National Bancorporation by 5.3% during the third quarter. Empowered Funds LLC now owns 10,598 shares of the financial services provider’s stock valued at $243,000 after purchasing an additional 536 shares during the period. Geode Capital Management LLC increased its position in Auburn National Bancorporation by 6.5% in the third quarter. Geode Capital Management LLC now owns 23,368 shares of the financial services provider’s stock worth $535,000 after buying an additional 1,429 shares during the last quarter. Finally, Aptus Capital Advisors LLC lifted its position in shares of Auburn National Bancorporation by 14.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 28,390 shares of the financial services provider’s stock valued at $650,000 after buying an additional 3,691 shares during the last quarter. Institutional investors own 39.46% of the company’s stock.

Auburn National Bancorporation Trading Down 1.9 %

Shares of AUBN traded down $0.41 on Friday, reaching $21.52. 1,620 shares of the company’s stock traded hands, compared to its average volume of 4,748. The stock’s 50 day simple moving average is $22.94 and its two-hundred day simple moving average is $21.15. The stock has a market cap of $75.10 million, a PE ratio of 11.70 and a beta of 0.52. Auburn National Bancorporation has a 52-week low of $16.48 and a 52-week high of $25.40.

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 return on equity of 8.20% and a net margin of 2.43%.

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.