Old National Bancorp (NASDAQ:ONBPO) Short Interest Down 34.7% in August

Old National Bancorp (NASDAQ:ONBPO) was the target of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 7,701 shares, a drop of 34.7% from the July 30th total of 11,787 shares. Based on an average daily volume of 6,118 shares, the short-interest ratio is currently 1.3 days.

Old National Bancorp Trading Up 0.7%

NASDAQ ONBPO traded up $0.17 on Tuesday, reaching $24.99. 9,009 shares of the company’s stock traded hands, compared to its average volume of 6,699. The stock has a 50 day moving average price of $24.94 and a 200-day moving average price of $24.96. Old National Bancorp has a fifty-two week low of $24.53 and a fifty-two week high of $25.46.

Old National Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Thursday, November 5th will be given a dividend of $0.4375 per share. The ex-dividend date is Thursday, 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, 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.