Old National Bancorp (NASDAQ:ONBPO) Sees Large Decrease in Short Interest

Old National Bancorp (NASDAQ:ONBPO) was the recipient of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 2,409 shares, a decrease of 39.3% from the January 15th total of 3,967 shares. Based on an average daily volume of 7,711 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 7,711 shares, the days-to-cover ratio is presently 0.3 days.

Old National Bancorp Stock Performance

Shares of ONBPO traded down $0.02 on Friday, reaching $25.08. The company’s stock had a trading volume of 3,325 shares, compared to its average volume of 6,407. The stock’s 50 day simple moving average is $25.16 and its two-hundred day simple moving average is $25.16. Old National Bancorp has a 12-month low of $24.44 and a 12-month high of $25.49.

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.