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

Auburn National Bancorporation, Inc. (NASDAQ:AUBN) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totalling 2,200 shares, a decline of 64.5% from the September 30th total of 6,200 shares. Based on an average trading volume of 6,600 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Auburn National Bancorporation in a report on Thursday, October 10th. They set a “hold” rating on the stock.

Auburn National Bancorporation Stock Performance

Shares of AUBN stock traded up $0.29 during midday trading on Friday, reaching $21.29. 10,466 shares of the company were exchanged, compared to its average volume of 4,467. The company’s 50 day moving average price is $20.43 and its two-hundred day moving average price is $19.02. The company has a market cap of $74.39 million, a P/E ratio of 92.57 and a beta of 0.54. Auburn National Bancorporation has a 12 month low of $16.48 and a 12 month high of $25.25.

Auburn National Bancorporation Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Tuesday, September 10th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 5.07%. Auburn National Bancorporation’s dividend payout ratio (DPR) is presently 469.57%.

About Auburn National Bancorporation

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.