Short Interest in Old National Bancorp (NASDAQ:ONBPP) Decreases By 45.2%

Old National Bancorp (NASDAQ:ONBPP) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 5,700 shares, a decline of 45.2% from the December 31st total of 10,400 shares. Based on an average daily volume of 4,900 shares, the days-to-cover ratio is presently 1.2 days.

Old National Bancorp Price Performance

Shares of NASDAQ ONBPP traded down $0.17 during trading on Friday, hitting $25.05. 4,205 shares of the company traded hands, compared to its average volume of 6,100. The business’s fifty day moving average is $25.12 and its 200 day moving average is $25.23. Old National Bancorp has a fifty-two week low of $24.02 and a fifty-two week high of $26.35.

Old National Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Wednesday, February 5th will be issued a dividend of $0.4375 per share. The ex-dividend date is Wednesday, February 5th. This represents a $1.75 annualized dividend and a dividend yield of 6.99%.

Old National Bancorp Company Profile

Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. It accepts deposit accounts, including noninterest-bearing demand, interest-bearing checking, negotiable order of withdrawal, savings and money market, and time deposits; and offers loans, such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, agricultural loans, letters of credit, and lease financing.