Old National Bancorp (NASDAQ:ONBPO) Short Interest Up 146.6% in February

Old National Bancorp (NASDAQ:ONBPO) was the recipient of a significant increase in short interest in February. As of February 13th, there was short interest totaling 5,941 shares, an increase of 146.6% from the January 29th total of 2,409 shares. Based on an average daily volume of 6,967 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 6,967 shares, the days-to-cover ratio is currently 0.9 days.

Old National Bancorp Stock Performance

ONBPO opened at $25.20 on Friday. The company’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 52-week low of $24.44 and a 52-week high of $25.49.

Old National Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Tuesday, May 5th will be paid a dividend of $0.4375 per share. The ex-dividend date is Tuesday, May 5th. This represents a $1.75 dividend on an annualized basis and a yield of 6.9%.

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.