Short Interest in Old National Bancorp (NASDAQ:ONBPP) Declines By 34.4%

Old National Bancorp (NASDAQ:ONBPP) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 2,083 shares, a decrease of 34.4% from the December 31st total of 3,173 shares. Based on an average trading volume of 5,127 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 5,127 shares, the days-to-cover ratio is currently 0.4 days.

Old National Bancorp Stock Performance

Shares of Old National Bancorp stock traded down $0.05 during trading on Friday, hitting $25.25. The company’s stock had a trading volume of 3,977 shares, compared to its average volume of 5,159. Old National Bancorp has a 52 week low of $24.40 and a 52 week high of $25.65. The stock has a 50-day moving average price of $25.13 and a two-hundred day moving average price of $25.17.

Old National Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 20th. Shareholders of record on Thursday, February 5th will be given a $0.4375 dividend. The ex-dividend date is Thursday, February 5th. This represents a $1.75 annualized dividend and a yield of 6.9%.

Old National Bancorp Company Profile

Old National Bancorp is a bank holding company headquartered in Evansville, Indiana, operating through its primary subsidiary, Old National Bank. The company offers a comprehensive range of financial services designed to meet the needs of both individual and business clients. Its core activities include commercial and consumer banking, mortgage lending, and treasury management solutions.

In addition to traditional deposit and lending products, Old National Bancorp provides wealth management and trust services through a dedicated team of financial advisors.