Old National Bancorp (NASDAQ:ONBPO) Short Interest Up 18.8% in March

Old National Bancorp (NASDAQ:ONBPO) was the target of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 8,981 shares, a growth of 18.8% from the February 26th total of 7,559 shares. Based on an average trading volume of 7,727 shares, the short-interest ratio is presently 1.2 days.

Old National Bancorp Price Performance

ONBPO traded up $0.21 on Wednesday, reaching $24.74. The stock had a trading volume of 9,162 shares, compared to its average volume of 8,104. Old National Bancorp has a fifty-two week low of $24.44 and a fifty-two week high of $25.49. The firm has a 50-day moving average of $25.11 and a 200-day moving average of $25.13.

Old National Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Tuesday, May 5th will be given a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a dividend yield of 7.1%. 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.