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

Auburn National Bancorporation, Inc. (NASDAQ:AUBN - Get Free Report) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 2,200 shares, a drop of 64.5% from the September 30th total of 6,200 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 6,600 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Auburn National Bancorporation in a research note on Thursday, October 10th. They issued a "hold" rating on the stock.

Auburn National Bancorporation Price Performance

NASDAQ:AUBN traded up $0.29 during mid-day trading on Friday, reaching $21.29. The stock had a trading volume of 10,406 shares, compared to its average volume of 4,467. The stock has a 50-day simple moving average of $20.29 and a two-hundred day simple moving average of $18.99. The stock has a market capitalization of $74.39 million, a PE ratio of 90.22 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 (NASDAQ:AUBN - Get Free Report) last announced its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $0.50 earnings per share (EPS) for the quarter. The business had revenue of $7.62 million for the quarter. Auburn National Bancorporation had a net margin of 1.80% and a return on equity of 0.85%.

Auburn National Bancorporation Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Tuesday, September 10th were paid a $0.27 dividend. The ex-dividend date was Tuesday, September 10th. This represents a $1.08 dividend on an annualized basis and a yield of 5.07%. Auburn National Bancorporation's dividend payout ratio (DPR) is 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.