Short Interest in Old National Bancorp (NASDAQ:ONBPP) Decreases By 18.5%

Old National Bancorp (NASDAQ:ONBPP) was the target of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 2,200 shares, a decrease of 18.5% from the March 31st total of 2,700 shares. Based on an average daily volume of 8,600 shares, the short-interest ratio is presently 0.3 days.

Old National Bancorp Stock Up 0.7 %

NASDAQ:ONBPP traded up $0.18 during midday trading on Friday, hitting $25.18. The stock had a trading volume of 3,298 shares, compared to its average volume of 8,448. Old National Bancorp has a one year low of $18.53 and a one year high of $26.35. The stock has a 50-day moving average of $25.08 and a 200 day moving average of $24.48.

Old National Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 20th. Shareholders of record on Sunday, May 5th will be given a dividend of $0.4375 per share. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a $1.75 annualized dividend and a yield of 6.95%.

Institutional Trading of Old National Bancorp

An institutional investor recently bought a new position in Old National Bancorp stock. Thompson Investment Management Inc. bought a new stake in shares of Old National Bancorp (NASDAQ:ONBPP) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,000 shares of the company’s stock, valued at approximately $25,000.

Old National Bancorp Company Profile

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, agricultural loans, letters of credit, and lease financing.