Old National Bancorp (NASDAQ:ONBPO) Short Interest Update

Old National Bancorp (NASDAQ:ONBPO) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 1,173 shares, a decrease of 51.5% from the December 15th total of 2,420 shares. Based on an average daily volume of 6,204 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 6,204 shares, the short-interest ratio is currently 0.2 days.

Old National Bancorp Stock Performance

Shares of NASDAQ ONBPO traded up $0.01 during midday trading on Thursday, hitting $25.11. 3,492 shares of the company’s stock were exchanged, compared to its average volume of 4,839. Old National Bancorp has a twelve month low of $24.44 and a twelve month high of $25.49. The stock’s 50 day moving average price is $25.10 and its 200-day moving average price is $25.13.

Old National Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Investors of record on Thursday, February 5th will be issued a $0.4375 dividend. The ex-dividend date of this dividend is Thursday, February 5th. This represents a $1.75 annualized dividend and a yield of 7.0%.

Old National Bancorp Company Profile

Old National Bancorp, headquartered in Evansville, Indiana, is a regional financial services holding company and the parent of Old National Bank. Established in 1834, the institution ranks among the longest-serving banks in the Midwest and provides a comprehensive range of banking solutions. Its core offerings include deposit accounts, consumer and small business lending, commercial real estate financing, and treasury and cash management services.

Beyond traditional banking, Old National Bancorp delivers wealth management and trust services, retirement planning, investment advisory, and specialty insurance products through its subsidiaries.