Old National Bancorp (NASDAQ:ONBPP) Short Interest Up 27.1% in March

Old National Bancorp (NASDAQ:ONBPP) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 6,100 shares, an increase of 27.1% from the February 28th total of 4,800 shares. Based on an average trading volume of 5,800 shares, the short-interest ratio is currently 1.1 days.

Old National Bancorp Stock Up 0.3 %

Shares of ONBPP traded up $0.07 during midday trading on Wednesday, reaching $25.03. 5,914 shares of the stock were exchanged, compared to its average volume of 4,881. The stock’s 50 day simple moving average is $25.07 and its 200 day simple moving average is $25.22. Old National Bancorp has a twelve month low of $24.02 and a twelve month high of $26.36.

Old National Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 20th. Shareholders of record on Monday, May 5th will be issued a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a yield of 6.99%. The ex-dividend date is Monday, May 5th.

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.