Old National Bancorp (NASDAQ:ONBPO – Get Free Report) saw a large growth in short interest in March. As of March 13th, there was short interest totaling 8,981 shares, a growth of 18.8% from the February 26th total of 7,559 shares. Based on an average trading volume of 7,727 shares, the short-interest ratio is presently 1.2 days.
Old National Bancorp Stock Performance
ONBPO traded down $0.20 on Tuesday, hitting $24.53. 59,422 shares of the company were exchanged, compared to its average volume of 8,104. Old National Bancorp has a 12 month low of $24.44 and a 12 month high of $25.49. The stock’s fifty day moving average is $25.11 and its 200-day moving average is $25.13.
Old National Bancorp Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Tuesday, May 5th will be given a dividend of $0.4375 per share. The ex-dividend date of this dividend is Tuesday, May 5th. This represents a $1.75 annualized dividend and a dividend yield of 7.1%.
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.
Further Reading
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