Old National Bancorp (NASDAQ:ONBPO) Short Interest Down 34.7% in August

Old National Bancorp (NASDAQ:ONBPO) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 7,701 shares, a drop of 34.7% from the July 30th total of 11,787 shares. Based on an average daily trading volume, of 6,118 shares, the short-interest ratio is presently 1.3 days.

Old National Bancorp Stock Up 0.1%

NASDAQ:ONBPO traded up $0.03 during trading hours on Wednesday, hitting $24.93. 9,009 shares of the company’s stock traded hands, compared to its average volume of 6,699. Old National Bancorp has a twelve month low of $24.53 and a twelve month high of $25.46. The stock’s fifty day moving average price is $24.94 and its two-hundred day moving average price is $24.96.

Old National Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 20th. Shareholders of record on Thursday, November 5th will be paid a dividend of $0.4375 per share. This represents a $1.75 annualized dividend and a yield of 7.0%. The ex-dividend date of this dividend is Thursday, November 5th.

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.