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

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

Old National Bancorp Stock Up 0.0%

Shares of ONBPP traded up $0.00 during midday trading on Wednesday, reaching $24.95. 8,681 shares of the stock were exchanged, compared to its average volume of 13,347. Old National Bancorp has a twelve month low of $24.41 and a twelve month high of $25.60. The stock’s 50 day simple moving average is $24.89 and its 200 day simple moving average is $25.02.

Old National Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Wednesday, August 5th will be issued a dividend of $0.4375 per share. The ex-dividend date of this dividend 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.