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

Old National Bancorp (NASDAQ:ONBPO) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 1,173 shares, a decline of 51.5% from the December 15th total of 2,420 shares. Based on an average daily trading volume, of 6,204 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 6,204 shares, the days-to-cover ratio is presently 0.2 days.

Old National Bancorp Trading Up 0.2%

Shares of ONBPO traded up $0.04 during midday trading on Wednesday, hitting $25.10. The stock had a trading volume of 3,960 shares, compared to its average volume of 4,996. Old National Bancorp has a 1 year low of $24.44 and a 1 year high of $25.49. The stock’s 50 day moving average is $25.10 and its 200 day moving average is $25.13.

Old National Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Shareholders 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 7.0%.

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.