Old National Bancorp (NASDAQ:ONBPP) Sees Large Decline in Short Interest

Old National Bancorp (NASDAQ:ONBPP) was the recipient of a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 4,500 shares, a decrease of 26.2% from the March 15th total of 6,100 shares. Based on an average daily trading volume, of 5,700 shares, the short-interest ratio is currently 0.8 days.

Old National Bancorp Stock Up 0.7 %

ONBPP stock opened at $25.00 on Friday. The business’s 50-day moving average is $25.00 and its two-hundred day moving average is $25.15. Old National Bancorp has a 1 year low of $24.05 and a 1 year high of $26.20.

Old National Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 20th. Shareholders of record on Monday, May 5th will be issued a dividend of $0.4375 per share. This represents a $1.75 annualized dividend and a yield of 7.00%. The ex-dividend date of this dividend is Monday, May 5th.

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.