Old National Bancorp (NASDAQ:ONBPP – Get Free Report) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 31,999 shares, a growth of 298.0% from the September 30th total of 8,039 shares. Based on an average trading volume of 10,599 shares, the days-to-cover ratio is presently 3.0 days.
Old National Bancorp Trading Down 0.6%
NASDAQ:ONBPP traded down $0.14 on Wednesday, hitting $25.06. 1,288 shares of the company’s stock traded hands, compared to its average volume of 10,767. Old National Bancorp has a 1 year low of $24.41 and a 1 year high of $25.50. The firm has a 50-day moving average price of $24.89 and a 200-day moving average price of $24.98.
Old National Bancorp Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Thursday, November 5th will be given a dividend of $0.4375 per share. The ex-dividend date of this dividend is Thursday, November 5th. This represents a $1.75 dividend on an annualized basis and a yield of 7.0%.
Old National Bancorp Company Profile
Old National Bancorp is a regional bank holding company headquartered in Evansville, Indiana. Through its principal subsidiary, Old National Bank, the company provides banking and financial services to individuals, families, businesses and institutions across the Midwest.
Old National Bank offers a range of products and services, including checking and savings accounts, consumer and commercial lending, mortgages, treasury management, wealth management, investment services and trust administration.
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