Old National Bancorp (NASDAQ:ONBPO) Short Interest Update

Old National Bancorp (NASDAQ:ONBPO) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 12,080 shares, an increase of 149.5% from the April 30th total of 4,842 shares. Based on an average trading volume of 5,121 shares, the days-to-cover ratio is presently 2.4 days.

Old National Bancorp Trading Up 0.2%

Shares of Old National Bancorp stock opened at $24.95 on Friday. The company’s 50-day moving average price is $24.91 and its two-hundred day moving average price is $25.06. Old National Bancorp has a 52 week low of $24.52 and a 52 week high of $25.49.

Old National Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Wednesday, August 5th will be given a $0.4375 dividend. The ex-dividend date is Wednesday, August 5th. This represents a $1.75 annualized dividend and a yield of 7.0%.

About Old National Bancorp

Old National Bancorp, headquartered in Evansville, Indiana, is a regional financial services holding company and the parent of Old National Bank. Established in 1834, the institution ranks among the longest-serving banks in the Midwest and provides a comprehensive range of banking solutions. Its core offerings include deposit accounts, consumer and small business lending, commercial real estate financing, and treasury and cash management services.

Beyond traditional banking, Old National Bancorp delivers wealth management and trust services, retirement planning, investment advisory, and specialty insurance products through its subsidiaries.