Old National Bancorp (NASDAQ:ONBPO – Get Free Report) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totaling 5,369 shares, a decline of 66.6% from the March 31st total of 16,080 shares. Based on an average daily volume of 6,640 shares, the short-interest ratio is presently 0.8 days.
Old National Bancorp Stock Performance
Shares of NASDAQ:ONBPO opened at $25.12 on Friday. Old National Bancorp has a 1 year low of $24.52 and a 1 year high of $25.49. The stock’s 50-day moving average is $25.03 and its 200 day moving average is $25.11.
Old National Bancorp Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Tuesday, May 5th will be issued 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 dividend yield of 7.0%.
About Old National Bancorp
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.
Further Reading
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