Short Interest in Old National Bancorp (NASDAQ:ONBPO) Increases By 833.3%

Old National Bancorp (NASDAQ:ONBPOGet Free Report) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 2,800 shares, an increase of 833.3% from the February 28th total of 300 shares. Based on an average daily volume of 9,200 shares, the short-interest ratio is currently 0.3 days.

Old National Bancorp Stock Performance

Shares of ONBPO opened at $24.94 on Friday. Old National Bancorp has a 12 month low of $23.63 and a 12 month high of $26.33. The company’s fifty day moving average is $24.99 and its 200-day moving average is $25.15.

Old National Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 20th. Stockholders of record on Monday, May 5th will be paid a dividend of $0.4375 per share. The ex-dividend date is Monday, May 5th. This represents a $1.75 annualized dividend and a dividend yield of 7.02%.

Old National Bancorp Company Profile

(Get Free Report)

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.

Further Reading

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