Old National Bancorp (NASDAQ:ONBPO) Sees Significant Growth in Short Interest

Old National Bancorp (NASDAQ:ONBPO) saw a significant growth in short interest in January. As of January 31st, there was short interest totalling 2,900 shares, a growth of 38.1% from the January 15th total of 2,100 shares. Based on an average trading volume of 6,100 shares, the short-interest ratio is currently 0.5 days.

Old National Bancorp Price Performance

ONBPO stock traded up $0.07 during trading on Friday, hitting $25.09. 2,132 shares of the company’s stock traded hands, compared to its average volume of 4,611. Old National Bancorp has a 52 week low of $23.63 and a 52 week high of $26.33. The business has a fifty day simple moving average of $25.06 and a 200 day simple moving average of $25.19.

Old National Bancorp Company Profile

Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. It accepts deposit accounts, including noninterest-bearing demand, interest-bearing checking, negotiable order of withdrawal, savings and money market, and time deposits; and offers loans, such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, agricultural loans, letters of credit, and lease financing.