Old National Bancorp (NASDAQ:ONBPO) Short Interest Down 51.5% in September

Old National Bancorp (NASDAQ:ONBPO) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 1,600 shares, a drop of 51.5% from the August 31st total of 3,300 shares. Based on an average daily trading volume, of 4,500 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Old National Bancorp

A hedge fund recently bought a new stake in Old National Bancorp stock. Thompson Investment Management Inc. acquired a new stake in Old National Bancorp (NASDAQ:ONBPO) during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,000 shares of the company’s stock, valued at approximately $51,000.

Old National Bancorp Stock Up 0.5 %

Shares of Old National Bancorp stock traded up $0.13 during trading hours on Thursday, reaching $25.55. 3,998 shares of the company were exchanged, compared to its average volume of 8,679. Old National Bancorp has a 1 year low of $21.58 and a 1 year high of $26.33. The stock’s fifty day moving average is $25.20 and its 200 day moving average is $25.10.

Old National Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 20th. Stockholders of record on Tuesday, November 5th will be paid a $0.4375 dividend. This represents a $1.75 annualized dividend and a dividend yield of 6.85%. The ex-dividend date of this dividend is Tuesday, November 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.