Old National Bancorp (NASDAQ:ONBPP) Sees Large Drop in Short Interest

Old National Bancorp (NASDAQ:ONBPP) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totaling 3,173 shares, a decrease of 29.8% from the December 15th total of 4,517 shares. Based on an average trading volume of 9,322 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 9,322 shares, the days-to-cover ratio is currently 0.3 days.

Old National Bancorp Trading Up 0.3%

Old National Bancorp stock traded up $0.08 during midday trading on Friday, reaching $25.23. The stock had a trading volume of 2,704 shares, compared to its average volume of 4,928. Old National Bancorp has a twelve month low of $24.40 and a twelve month high of $25.65. The firm’s fifty day simple moving average is $25.09 and its two-hundred day simple moving average is $25.16.

Old National Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 20th. Stockholders of record on Thursday, February 5th will be given a $0.4375 dividend. This represents a $1.75 annualized dividend and a dividend yield of 6.9%. The ex-dividend date of this dividend is Thursday, February 5th.

About Old National Bancorp

Old National Bancorp is a bank holding company headquartered in Evansville, Indiana, operating through its primary subsidiary, Old National Bank. The company offers a comprehensive range of financial services designed to meet the needs of both individual and business clients. Its core activities include commercial and consumer banking, mortgage lending, and treasury management solutions.

In addition to traditional deposit and lending products, Old National Bancorp provides wealth management and trust services through a dedicated team of financial advisors.