Old National Bancorp (NASDAQ:ONBPO – Get Rating) was the recipient of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 1,500 shares, an increase of 25.0% from the November 15th total of 1,200 shares. Based on an average daily trading volume, of 8,200 shares, the days-to-cover ratio is currently 0.2 days.
Old National Bancorp Stock Up 0.4 %
Shares of NASDAQ ONBPO traded up $0.09 during midday trading on Friday, reaching $25.19. 9,956 shares of the company were exchanged, compared to its average volume of 8,822. Old National Bancorp has a 1 year low of $24.36 and a 1 year high of $27.40. The company's fifty day moving average is $25.16.
Get Old National Bancorp alerts:Old National Bancorp Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, February 20th. Investors of record on Sunday, February 5th will be issued a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a dividend yield of 6.95%. The ex-dividend date of this dividend is Thursday, February 2nd.
About Old National Bancorp
(Get Rating)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, letters of credit, and lease financing.
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