Old National Bancorp (NASDAQ:ONBPO) Sees Significant Increase in Short Interest

Old National Bancorp (NASDAQ:ONBPO) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 3,967 shares, a growth of 238.2% from the December 31st total of 1,173 shares. Based on an average trading volume of 4,765 shares, the short-interest ratio is presently 0.8 days. Based on an average trading volume of 4,765 shares, the short-interest ratio is presently 0.8 days.

Old National Bancorp Price Performance

Shares of NASDAQ ONBPO traded down $0.09 during trading hours on Wednesday, hitting $25.27. 3,679 shares of the stock were exchanged, compared to its average volume of 5,100. Old National Bancorp has a one year low of $24.44 and a one year high of $25.49. The company’s 50 day moving average is $25.13 and its 200 day moving average is $25.15.

Old National Bancorp Announces Dividend

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

Old National Bancorp Company Profile

Old National Bancorp, headquartered in Evansville, Indiana, is a regional financial services holding company and the parent of Old National Bank. Established in 1834, the institution ranks among the longest-serving banks in the Midwest and provides a comprehensive range of banking solutions. Its core offerings include deposit accounts, consumer and small business lending, commercial real estate financing, and treasury and cash management services.

Beyond traditional banking, Old National Bancorp delivers wealth management and trust services, retirement planning, investment advisory, and specialty insurance products through its subsidiaries.