Old National Bancorp (NASDAQ:ONBPP) Short Interest Up 34.1% in March

Old National Bancorp (NASDAQ:ONBPP) was the target of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 6,027 shares, a growth of 34.1% from the February 26th total of 4,496 shares. Based on an average daily trading volume, of 11,952 shares, the days-to-cover ratio is presently 0.5 days.

Old National Bancorp Stock Performance

Shares of Old National Bancorp stock opened at $24.90 on Tuesday. The company has a fifty day simple moving average of $25.11 and a 200-day simple moving average of $25.14. Old National Bancorp has a 12-month low of $24.40 and a 12-month high of $25.65.

Old National Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 20th. Stockholders of record on Tuesday, May 5th will be given a dividend of $0.4375 per share. The ex-dividend date is Tuesday, May 5th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 7.0%.

About Old National Bancorp

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.