Old National Bancorp (NASDAQ:ONBPP) Short Interest Update

Old National Bancorp (NASDAQ:ONBPP) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 10,400 shares, a growth of 79.3% from the December 15th total of 5,800 shares. Based on an average daily volume of 4,500 shares, the days-to-cover ratio is currently 2.3 days.

Old National Bancorp Stock Performance

NASDAQ ONBPP opened at $25.03 on Wednesday. Old National Bancorp has a one year low of $24.02 and a one year high of $26.35. The company’s 50 day moving average price is $25.14 and its 200 day moving average price is $25.22.

Old National Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Wednesday, February 5th will be issued a dividend of $0.4375 per share. The ex-dividend date is Wednesday, February 5th. This represents a $1.75 annualized dividend and a dividend yield of 6.99%.

About Old National Bancorp

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.