Auburn National Bancorporation, Inc. (NASDAQ:AUBN) Short Interest Down 10.5% in April

Auburn National Bancorporation, Inc. (NASDAQ:AUBN) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 3,400 shares, a drop of 10.5% from the March 31st total of 3,800 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 2,900 shares, the short-interest ratio is currently 1.2 days.

Auburn National Bancorporation Stock Performance

Shares of AUBN traded down $0.24 during trading hours on Tuesday, hitting $18.16. 204 shares of the company were exchanged, compared to its average volume of 3,149. The company has a market cap of $63.38 million, a PE ratio of 77.83 and a beta of 0.49. The firm’s 50 day moving average is $19.11 and its 200-day moving average is $20.23. Auburn National Bancorporation has a 52 week low of $16.61 and a 52 week high of $23.20.

Auburn National Bancorporation (NASDAQ:AUBN) last announced its quarterly earnings results on Monday, January 29th. The financial services provider reported ($1.14) EPS for the quarter. Auburn National Bancorporation had a net margin of 4.44% and a return on equity of 1.15%. The company had revenue of $0.63 million for the quarter.

Auburn National Bancorporation Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 25th. Investors of record on Friday, March 8th were issued a $0.27 dividend. The ex-dividend date was Thursday, March 7th. This represents a $1.08 annualized dividend and a yield of 5.95%. Auburn National Bancorporation’s dividend payout ratio (DPR) is presently 469.57%.

Insider Buying and Selling at Auburn National Bancorporation

In other news, CEO David A. Hedges bought 10,000 shares of the stock in a transaction on Friday, April 26th. The shares were purchased at an average price of $17.60 per share, for a total transaction of $176,000.00. Following the completion of the purchase, the chief executive officer now directly owns 11,663 shares of the company’s stock, valued at approximately $205,268.80. The purchase was disclosed in a filing with the SEC, which is available through this link. Insiders purchased 10,106 shares of company stock valued at $178,039 in the last quarter. Company insiders own 24.43% of the company’s 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.