Old National Bancorp (NASDAQ:ONBPP) Short Interest Update

Old National Bancorp (NASDAQ:ONBPP) saw a significant increase in short interest in February. As of February 13th, there was short interest totaling 4,823 shares, an increase of 148.9% from the January 29th total of 1,938 shares. Based on an average daily trading volume, of 6,579 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 6,579 shares, the short-interest ratio is currently 0.7 days.

Old National Bancorp Stock Performance

Shares of ONBPP traded up $0.23 during trading hours on Friday, hitting $25.37. 8,606 shares of the company were exchanged, compared to its average volume of 5,962. Old National Bancorp has a fifty-two week low of $24.40 and a fifty-two week high of $25.65. The firm’s fifty day moving average is $25.16 and its 200 day moving average is $25.17.

Old National Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 20th. Stockholders of record on Tuesday, May 5th will be issued a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend is Tuesday, May 5th.

Old National Bancorp Company Profile

Old National Bancorp is a bank holding company headquartered in Evansville, Indiana, operating through its primary subsidiary, Old National Bank. The company offers a comprehensive range of financial services designed to meet the needs of both individual and business clients. Its core activities include commercial and consumer banking, mortgage lending, and treasury management solutions.

In addition to traditional deposit and lending products, Old National Bancorp provides wealth management and trust services through a dedicated team of financial advisors.