Short Interest in Old National Bancorp (NASDAQ:ONBPO) Increases By 320.0%

Old National Bancorp (NASDAQ:ONBPO) was the target of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 2,100 shares, an increase of 320.0% from the November 15th total of 500 shares. Based on an average daily trading volume, of 3,600 shares, the short-interest ratio is currently 0.6 days.

Old National Bancorp Stock Performance

Shares of Old National Bancorp stock traded down $0.07 during trading hours on Wednesday, hitting $25.00. The company’s stock had a trading volume of 788 shares, compared to its average volume of 7,516. The firm has a fifty day moving average of $25.29 and a 200-day moving average of $25.18. Old National Bancorp has a twelve month low of $23.63 and a twelve month high of $26.33.

Old National Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Wednesday, February 5th will be issued a $0.4375 dividend. The ex-dividend date is Wednesday, February 5th. This represents a $1.75 annualized dividend and a dividend yield of 7.00%.

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.