Auburn National Bancorporation, Inc. (NASDAQ:AUBN) Short Interest Update

Auburn National Bancorporation, Inc. (NASDAQ:AUBN) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totalling 6,200 shares, a drop of 23.5% from the September 15th total of 8,100 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,700 shares, the days-to-cover ratio is currently 1.1 days.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on Auburn National Bancorporation in a research report on Thursday, October 10th. They issued a “hold” rating for the company.

Auburn National Bancorporation Stock Up 1.2 %

Shares of AUBN stock opened at $21.01 on Tuesday. Auburn National Bancorporation has a fifty-two week low of $16.48 and a fifty-two week high of $25.25. The stock has a market cap of $73.41 million, a P/E ratio of 91.35 and a beta of 0.54. The business has a fifty day simple moving average of $19.88 and a 200-day simple moving average of $18.90.

Auburn National Bancorporation (NASDAQ:AUBN) last announced its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $0.50 earnings per share for the quarter. Auburn National Bancorporation had a return on equity of 0.85% and a net margin of 1.80%. The business had revenue of $7.62 million during the quarter.

Auburn National Bancorporation Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Tuesday, September 10th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 5.14%. The ex-dividend date of this dividend was Tuesday, September 10th. Auburn National Bancorporation’s dividend payout ratio is presently 469.57%.

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.