Short Interest in Old National Bancorp (NASDAQ:ONBPP) Rises By 79.3%

Old National Bancorp (NASDAQ:ONBPP) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 10,400 shares, an increase of 79.3% from the December 15th total of 5,800 shares. Based on an average daily volume of 4,500 shares, the short-interest ratio is presently 2.3 days.

Old National Bancorp Trading Up 0.2 %

Shares of ONBPP stock traded up $0.06 on Friday, reaching $25.12. 1,902 shares of the stock were exchanged, compared to its average volume of 6,991. The stock has a 50 day moving average price of $25.14 and a 200 day moving average price of $25.22. Old National Bancorp has a one year low of $24.02 and a one year high of $26.35.

Old National Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Wednesday, February 5th will be paid a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a dividend yield of 6.97%. The ex-dividend date is Wednesday, February 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.