Short Interest in Old National Bancorp (NASDAQ:ONBPP) Drops By 34.4%

Old National Bancorp (NASDAQ:ONBPP) saw a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 2,083 shares, a drop of 34.4% from the December 31st total of 3,173 shares. Based on an average daily volume of 5,127 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 5,127 shares, the days-to-cover ratio is presently 0.4 days.

Old National Bancorp Trading Up 0.2%

Shares of Old National Bancorp stock traded up $0.05 during midday trading on Monday, hitting $25.30. The company had a trading volume of 3,921 shares, compared to its average volume of 5,096. Old National Bancorp has a 1-year low of $24.40 and a 1-year high of $25.65. The business’s 50 day simple moving average is $25.13 and its two-hundred day simple moving average is $25.17.

Old National Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Stockholders of record on Thursday, February 5th will be issued a dividend of $0.4375 per share. The ex-dividend date is Thursday, February 5th. This represents a $1.75 annualized dividend and a dividend yield of 6.9%.

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.