Old National Bancorp (NASDAQ:ONBPO) Short Interest Update

Old National Bancorp (NASDAQ:ONBPO) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totaling 1,173 shares, a decline of 51.5% from the December 15th total of 2,420 shares. Based on an average daily trading volume, of 6,204 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 6,204 shares, the days-to-cover ratio is currently 0.2 days.

Old National Bancorp Stock Up 0.2%

NASDAQ:ONBPO traded up $0.04 during mid-day trading on Wednesday, hitting $25.10. The stock had a trading volume of 3,960 shares, compared to its average volume of 4,996. Old National Bancorp has a twelve month low of $24.44 and a twelve month high of $25.49. The stock has a 50-day simple moving average of $25.10 and a two-hundred day simple moving average of $25.13.

Old National Bancorp Dividend Announcement

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

Old National Bancorp Company Profile

Old National Bancorp, headquartered in Evansville, Indiana, is a regional financial services holding company and the parent of Old National Bank. Established in 1834, the institution ranks among the longest-serving banks in the Midwest and provides a comprehensive range of banking solutions. Its core offerings include deposit accounts, consumer and small business lending, commercial real estate financing, and treasury and cash management services.

Beyond traditional banking, Old National Bancorp delivers wealth management and trust services, retirement planning, investment advisory, and specialty insurance products through its subsidiaries.