Old National Bancorp (NASDAQ:ONBPP) Short Interest Up 27.1% in March

Old National Bancorp (NASDAQ:ONBPP) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 6,100 shares, a growth of 27.1% from the February 28th total of 4,800 shares. Based on an average daily trading volume, of 5,800 shares, the days-to-cover ratio is presently 1.1 days.

Old National Bancorp Price Performance

Shares of NASDAQ:ONBPP opened at $25.02 on Thursday. The stock’s 50-day moving average price is $25.07 and its two-hundred day moving average price is $25.22. Old National Bancorp has a 12-month low of $24.02 and a 12-month high of $26.36.

Old National Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 20th. Investors of record on Monday, May 5th will be issued a $0.4375 dividend. The ex-dividend date is Monday, May 5th. This represents a $1.75 dividend on an annualized basis and a yield of 6.99%.

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.