Auburn National Bancorporation, Inc. (NASDAQ:AUBN - Get Free Report) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 3,100 shares, a growth of 34.8% from the December 15th total of 2,300 shares. Based on an average daily trading volume, of 4,100 shares, the short-interest ratio is presently 0.8 days. Currently, 0.2% of the shares of the company are sold short.
Auburn National Bancorporation Stock Up 1.2 %
AUBN traded up $0.26 during trading on Friday, reaching $22.25. 1,453 shares of the company were exchanged, compared to its average volume of 2,395. Auburn National Bancorporation has a 12-month low of $16.48 and a 12-month high of $25.40. The company's 50-day moving average is $22.95 and its two-hundred day moving average is $20.91. The company has a market cap of $77.66 million, a price-to-earnings ratio of 89.00 and a beta of 0.52.
Analyst Upgrades and Downgrades
Separately, StockNews.com initiated coverage on Auburn National Bancorporation in a research report on Tuesday. They set a "hold" rating on the stock.
Read Our Latest Stock Report on Auburn National Bancorporation
Institutional Investors Weigh In On Auburn National Bancorporation
A number of institutional investors and hedge funds have recently modified their holdings of the company. Geode Capital Management LLC grew its stake in Auburn National Bancorporation by 6.5% during the third quarter. Geode Capital Management LLC now owns 23,368 shares of the financial services provider's stock valued at $535,000 after acquiring an additional 1,429 shares in the last quarter. Captrust Financial Advisors bought a new position in Auburn National Bancorporation in the 3rd quarter valued at $211,000. Empowered Funds LLC boosted its holdings in Auburn National Bancorporation by 5.3% in the 3rd 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. Aptus Capital Advisors LLC grew 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 purchasing an additional 3,691 shares in the last quarter. Finally, RBF Capital LLC bought a new position in shares of Auburn National Bancorporation in the third quarter worth $229,000. 39.46% of the stock is owned by hedge funds and other institutional investors.
About Auburn National Bancorporation
(
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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.
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