Old National Bancorp (NASDAQ:ONBPP) Short Interest Update

Old National Bancorp (NASDAQ:ONBPP) was the recipient of a large drop in short interest in February. As of February 28th, there was short interest totalling 4,800 shares, a drop of 17.2% from the February 13th total of 5,800 shares. Based on an average daily volume of 6,000 shares, the days-to-cover ratio is currently 0.8 days.

Old National Bancorp Trading Down 0.2 %

NASDAQ:ONBPP traded down $0.06 during trading hours on Tuesday, reaching $25.05. 1,977 shares of the stock were exchanged, compared to its average volume of 4,859. Old National Bancorp has a 52 week low of $24.02 and a 52 week high of $26.36. The firm has a 50 day simple moving average of $25.08 and a 200-day simple moving average of $25.24.

Old National Bancorp Announces Dividend

The firm also recently announced 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 annualized dividend and a yield of 6.99%. The ex-dividend date of this dividend is Monday, May 5th.

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.