Short Interest in Old National Bancorp (NASDAQ:ONBPO) Grows By 170.8%

Old National Bancorp (NASDAQ:ONBPO) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 6,500 shares, a growth of 170.8% from the December 31st total of 2,400 shares. Based on an average daily volume of 5,700 shares, the days-to-cover ratio is presently 1.1 days.

Old National Bancorp Stock Performance

ONBPO stock traded down $0.10 on Wednesday, reaching $25.05. The company’s stock had a trading volume of 3,981 shares, compared to its average volume of 4,277. Old National Bancorp has a 52 week low of $23.63 and a 52 week high of $26.33. The firm has a fifty day moving average of $25.07 and a two-hundred day moving average of $25.20.

Old National Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Wednesday, February 5th will be paid a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a yield of 6.99%. The ex-dividend date of this dividend is Wednesday, February 5th.

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.