Old National Bancorp (NASDAQ:ONBPO – Get Free Report) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 8,981 shares, an increase of 18.8% from the February 26th total of 7,559 shares. Based on an average daily trading volume, of 7,727 shares, the short-interest ratio is currently 1.2 days.
Old National Bancorp Stock Performance
Shares of ONBPO opened at $24.70 on Thursday. The business has a 50-day moving average of $25.09 and a 200-day moving average of $25.13. Old National Bancorp has a 1 year low of $24.44 and a 1 year high of $25.49.
Old National Bancorp Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Tuesday, May 5th will be issued a dividend of $0.4375 per share. The ex-dividend date is Tuesday, May 5th. This represents a $1.75 annualized dividend and a yield of 7.1%.
About Old National Bancorp
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.
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