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

Old National Bancorp (NASDAQ:ONBPP) saw a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 4,800 shares, a decline of 17.2% from the February 13th total of 5,800 shares. Based on an average daily volume of 6,000 shares, the days-to-cover ratio is currently 0.8 days.

Old National Bancorp Stock Up 0.2 %

Shares of ONBPP stock traded up $0.04 during trading on Wednesday, hitting $25.10. 5,143 shares of the stock traded hands, compared to its average volume of 4,824. Old National Bancorp has a 52-week low of $24.02 and a 52-week high of $26.36. The firm’s fifty day moving average price is $25.09 and its 200-day moving average price is $25.24.

Old National Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 20th. Shareholders of record on Monday, May 5th will be given a $0.4375 dividend. The ex-dividend date is Monday, May 5th. This represents a $1.75 dividend on an annualized basis and a yield of 6.97%.

Old National Bancorp Company Profile

Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. It accepts deposit accounts, including noninterest-bearing demand, interest-bearing checking, negotiable order of withdrawal, savings and money market, and time deposits; and offers loans, such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, agricultural loans, letters of credit, and lease financing.