Old National Bancorp (NASDAQ:ONBPO) Short Interest Update

Old National Bancorp (NASDAQ:ONBPO) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 5,941 shares, a growth of 146.6% from the January 29th total of 2,409 shares. Based on an average daily volume of 6,967 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 6,967 shares, the short-interest ratio is currently 0.9 days.

Old National Bancorp Price Performance

NASDAQ:ONBPO traded up $0.17 during mid-day trading on Friday, hitting $25.37. 8,353 shares of the stock traded hands, compared to its average volume of 6,491. The business’s 50-day moving average price is $25.17 and its 200 day moving average price is $25.16. Old National Bancorp has a 12-month low of $24.44 and a 12-month high of $25.49.

Old National Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 20th. Investors of record on Tuesday, May 5th will be given a dividend of $0.4375 per share. This represents a $1.75 annualized dividend and a yield of 6.9%. The ex-dividend date is Tuesday, May 5th.

About Old National Bancorp

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.