Short Interest in Old National Bancorp (NASDAQ:ONBPP) Increases By 69.1%

Old National Bancorp (NASDAQ:ONBPP) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 21,463 shares, an increase of 69.1% from the May 14th total of 12,691 shares. Based on an average trading volume of 10,457 shares, the days-to-cover ratio is currently 2.1 days.

Old National Bancorp Stock Up 0.7%

Shares of Old National Bancorp stock traded up $0.18 on Monday, reaching $25.08. The company’s stock had a trading volume of 20,603 shares, compared to its average volume of 13,537. Old National Bancorp has a 52-week low of $24.41 and a 52-week high of $25.60. The stock has a 50-day moving average price of $24.88 and a 200-day moving average price of $25.02.

Old National Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Wednesday, August 5th will be given a $0.4375 dividend. The ex-dividend date is Wednesday, August 5th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 7.0%.

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.