Short Interest in Old National Bancorp (NASDAQ:ONBPP) Declines By 17.2%

Old National Bancorp (NASDAQ:ONBPP) was the target of a large decrease in short interest in February. As of February 28th, there was short interest totalling 4,800 shares, a decrease of 17.2% from the February 13th total of 5,800 shares. Based on an average daily trading volume, of 6,000 shares, the short-interest ratio is currently 0.8 days.

Old National Bancorp Price Performance

ONBPP stock traded down $0.06 during trading hours on Thursday, reaching $25.05. 2,206 shares of the stock were exchanged, compared to its average volume of 4,807. The firm’s 50-day moving average is $25.09 and its 200-day moving average is $25.24. Old National Bancorp has a 12 month low of $24.02 and a 12 month high of $26.36.

Old National Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 20th. Investors of record on Monday, May 5th will be paid a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a yield of 6.99%. The ex-dividend date of this dividend is Monday, May 5th.

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.