Old National Bancorp (NASDAQ:ONBPO) Short Interest Update

Old National Bancorp (NASDAQ:ONBPO) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 8,300 shares, an increase of 196.4% from the March 15th total of 2,800 shares. Based on an average daily trading volume, of 8,300 shares, the short-interest ratio is presently 1.0 days.

Old National Bancorp Price Performance

Shares of NASDAQ ONBPO traded down $0.26 during midday trading on Wednesday, reaching $24.55. The company’s stock had a trading volume of 8,361 shares, compared to its average volume of 6,434. Old National Bancorp has a fifty-two week low of $22.53 and a fifty-two week high of $25.90. The stock has a 50 day simple moving average of $24.88 and a 200-day simple moving average of $25.08.

Old National Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 20th. Investors of record on Monday, May 5th will be given a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a dividend yield of 7.13%. 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.