Old National Bancorp (NASDAQ:ONBPP) Short Interest Update

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

Old National Bancorp Stock Performance

ONBPP stock traded down $0.17 during midday trading on Friday, hitting $25.05. The company’s stock had a trading volume of 4,205 shares, compared to its average volume of 6,100. The firm has a 50-day simple moving average of $25.12 and a 200-day simple moving average of $25.23. Old National Bancorp has a 52-week low of $24.02 and a 52-week high of $26.35.

Old National Bancorp Dividend Announcement

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

About Old National Bancorp

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.