Old National Bancorp (NASDAQ:ONBPP) Short Interest Down 17.2% in February

Old National Bancorp (NASDAQ:ONBPP) was the recipient of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 4,800 shares, a drop of 17.2% from the February 13th total of 5,800 shares. Based on an average trading volume of 6,000 shares, the days-to-cover ratio is presently 0.8 days.

Old National Bancorp Stock Up 0.2 %

Shares of NASDAQ ONBPP traded up $0.04 during trading on Wednesday, hitting $25.10. The company had a trading volume of 5,143 shares, compared to its average volume of 4,824. The stock has a fifty day simple moving average of $25.09 and a two-hundred day simple moving average of $25.24. Old National Bancorp has a fifty-two week low of $24.02 and a fifty-two week high of $26.36.

Old National Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 20th. Shareholders of record on Monday, May 5th will be paid a dividend of $0.4375 per share. The ex-dividend date is Monday, May 5th. This represents a $1.75 annualized dividend and a yield of 6.97%.

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.