Old National Bancorp (NASDAQ:ONBPO) Sees Significant Decrease in Short Interest
by Amy Steele · The Cerbat GemOld National Bancorp (NASDAQ:ONBPO – Get Free Report) saw a significant drop in short interest in April. As of April 15th, there was short interest totaling 5,369 shares, a drop of 66.6% from the March 31st total of 16,080 shares. Based on an average daily trading volume, of 6,640 shares, the short-interest ratio is presently 0.8 days.
Old National Bancorp Price Performance
NASDAQ ONBPO traded up $0.03 during trading on Friday, hitting $25.12. 10,654 shares of the company traded hands, compared to its average volume of 7,646. Old National Bancorp has a 12 month low of $24.52 and a 12 month high of $25.49. The business has a fifty day simple moving average of $25.03 and a 200 day simple moving average of $25.10.
Old National Bancorp Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Tuesday, May 5th will be issued a dividend of $0.4375 per share. This represents a $1.75 annualized dividend and a yield of 7.0%. The ex-dividend date is Tuesday, May 5th.
Old National Bancorp Company Profile
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.