Old National Bancorp (NASDAQ:ONBPO) Stock Short Interest Report for September

Old National Bancorp (NASDAQ:ONBPO) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 6,418 shares, a drop of 46.9% from the September 15th total of 12,080 shares. Based on an average daily volume of 7,616 shares, the days-to-cover ratio is presently 0.8 days.

Old National Bancorp Trading Down 0.7%

Old National Bancorp stock traded down $0.18 during midday trading on Friday, reaching $24.68. 4,925 shares of the stock traded hands, compared to its average volume of 6,669. Old National Bancorp has a fifty-two week low of $24.33 and a fifty-two week high of $25.45. The firm has a fifty day moving average price of $24.86 and a two-hundred day moving average price of $24.90.

Old National Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Stockholders of record on Thursday, November 5th will be given a dividend of $0.4375 per share. The ex-dividend date is Thursday, November 5th. This represents a $1.75 annualized dividend and a dividend yield of 7.1%.

Old National Bancorp Company Profile

Old National Bancorp is a bank holding company headquartered in Evansville, Indiana. Through its principal subsidiary, Old National Bank, the company provides banking and financial services to individuals, families, businesses and institutions.

Its offerings include personal and business deposit accounts, consumer and commercial lending, mortgage banking, treasury management, wealth management, investment services and insurance-related solutions. The bank also supports businesses with commercial real estate financing, equipment lending, cash management and other specialized banking services.

Old National traces its roots to the 19th century and has expanded through organic growth and acquisitions.