Short Interest in Old National Bancorp (NASDAQ:ONBPP) Increases By 94.4%

Old National Bancorp (NASDAQ:ONBPP) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 7,000 shares, a growth of 94.4% from the September 15th total of 3,600 shares. Based on an average daily trading volume, of 6,100 shares, the days-to-cover ratio is currently 1.1 days. Based on an average daily trading volume, of 6,100 shares, the days-to-cover ratio is currently 1.1 days.

Old National Bancorp Stock Performance

Shares of NASDAQ:ONBPP opened at $25.15 on Thursday. Old National Bancorp has a 1-year low of $24.40 and a 1-year high of $25.65. The business has a fifty day moving average price of $25.21 and a 200-day moving average price of $25.12.

Old National Bancorp Dividend Announcement

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

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.