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

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

Institutional Trading of Auburn National Bancorporation

Large investors have recently bought and sold shares of the business. Captrust Financial Advisors acquired a new position in shares of Auburn National Bancorporation in the 3rd quarter valued at about $211,000. RBF Capital LLC bought a new stake in Auburn National Bancorporation in the third quarter worth approximately $229,000. Empowered Funds LLC lifted its stake in Auburn National Bancorporation by 5.3% in the third quarter. Empowered Funds LLC now owns 10,598 shares of the financial services provider’s stock valued at $243,000 after buying an additional 536 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Auburn National Bancorporation by 6.5% during the 3rd 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 in the last quarter. Finally, 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 worth $650,000 after buying an additional 3,691 shares during the period. 39.46% of the stock is currently owned by institutional investors and hedge funds.

Auburn National Bancorporation Stock Performance

Shares of NASDAQ AUBN traded up $0.26 during midday trading on Friday, reaching $22.25. The stock had a trading volume of 1,453 shares, compared to its average volume of 2,395. The company’s 50 day moving average price is $22.94 and its 200 day moving average price is $20.87. Auburn National Bancorporation has a twelve month low of $16.48 and a twelve month high of $25.40. The firm 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 assumed coverage on Auburn National Bancorporation in a report on Tuesday. They set a “hold” rating on the stock.

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.