Short Interest in Old National Bancorp (NASDAQ:ONBPP) Drops By 30.3%

Old National Bancorp (NASDAQ:ONBPP) saw a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 6,200 shares, a decline of 30.3% from the October 31st total of 8,900 shares. Based on an average trading volume of 3,000 shares, the days-to-cover ratio is presently 2.1 days.

Old National Bancorp Stock Performance

ONBPP traded up $0.31 during trading on Friday, hitting $25.60. The stock had a trading volume of 1,708 shares, compared to its average volume of 5,618. The company has a 50 day moving average price of $25.40 and a 200-day moving average price of $25.18. Old National Bancorp has a one year low of $23.51 and a one year high of $26.35.

Old National Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Wednesday, February 5th will be issued a $0.4375 dividend. The ex-dividend date of this dividend is Wednesday, February 5th. This represents a $1.75 annualized dividend and a yield of 6.84%.

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.