Short Interest in Old National Bancorp (NASDAQ:ONBPO) Decreases By 65.5%

Old National Bancorp (NASDAQ:ONBPO) was the target of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 1,000 shares, a decline of 65.5% from the January 31st total of 2,900 shares. Based on an average daily volume of 7,600 shares, the days-to-cover ratio is presently 0.1 days.

Old National Bancorp Price Performance

Shares of ONBPO opened at $24.93 on Friday. The firm has a fifty day moving average of $25.04 and a 200-day moving average of $25.18. Old National Bancorp has a 1 year low of $23.63 and a 1 year high of $26.33.

Old National Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 20th. Shareholders of record on Monday, May 5th will be paid a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a yield of 7.02%. The ex-dividend date of this dividend is Monday, May 5th.

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.