Old National Bancorp (NASDAQ:ONBPO – Get Free Report) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 2,800 shares, an increase of 833.3% from the February 28th total of 300 shares. Based on an average daily trading volume, of 9,200 shares, the days-to-cover ratio is presently 0.3 days.
Old National Bancorp Price Performance
Shares of NASDAQ ONBPO opened at $24.93 on Thursday. Old National Bancorp has a twelve month low of $23.63 and a twelve month high of $26.33. The firm has a fifty day simple moving average of $24.99 and a 200 day simple moving average of $25.15.
Old National Bancorp Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 20th. Stockholders of record on Monday, May 5th will be given a $0.4375 dividend. This represents a $1.75 annualized dividend and a dividend yield of 7.02%. The ex-dividend date is Monday, May 5th.
About Old National Bancorp
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.
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