Old National Bancorp (NASDAQ:ONBPP) Sees Large Decline in Short Interest

Old National Bancorp (NASDAQ:ONBPP) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 3,173 shares, a decrease of 29.8% from the December 15th total of 4,517 shares. Based on an average trading volume of 9,322 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 9,322 shares, the days-to-cover ratio is currently 0.3 days.

Old National Bancorp Stock Up 0.3%

Shares of Old National Bancorp stock traded up $0.08 during trading on Monday, hitting $25.23. 2,704 shares of the stock were exchanged, compared to its average volume of 4,928. Old National Bancorp has a 12 month low of $24.40 and a 12 month high of $25.65. The stock’s fifty day moving average is $25.09 and its 200 day moving average is $25.16.

Old National Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Investors of record on Thursday, February 5th will be issued 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 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.