Old National Bancorp (NASDAQ:ONBPP) Short Interest Update

Old National Bancorp (NASDAQ:ONBPP) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 4,400 shares, a drop of 38.0% from the September 30th total of 7,100 shares. Based on an average trading volume of 3,600 shares, the days-to-cover ratio is presently 1.2 days.

Old National Bancorp Stock Performance

ONBPP opened at $25.35 on Monday. The stock’s 50 day simple moving average is $25.42 and its 200 day simple moving average is $25.11. Old National Bancorp has a 1 year low of $21.60 and a 1 year high of $26.35.

Old National Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 20th. Investors of record on Tuesday, November 5th will be given a dividend of $0.4375 per share. The ex-dividend date of this dividend is Tuesday, November 5th. This represents a $1.75 annualized dividend and a yield of 6.90%.

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.