Short Interest in Old National Bancorp (NASDAQ:ONBPO) Increases By 833.3%

Old National Bancorp (NASDAQ:ONBPO) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 2,800 shares, a growth of 833.3% from the February 28th total of 300 shares. Based on an average daily volume of 9,200 shares, the short-interest ratio is presently 0.3 days.

Old National Bancorp Stock Up 0.2 %

Shares of Old National Bancorp stock traded up $0.05 on Wednesday, reaching $24.93. The stock had a trading volume of 14,509 shares, compared to its average volume of 7,342. Old National Bancorp has a 1 year low of $23.63 and a 1 year high of $26.33. The company has a 50 day moving average price of $24.99 and a 200 day moving average price of $25.15.

Old National Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 20th. Shareholders of record on Monday, May 5th will be given a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a yield of 7.02%. The ex-dividend date of this dividend is Monday, May 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.