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

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

Hedge Funds Weigh In On 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 Old National Bancorp (NASDAQ:ONBPP) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,000 shares of the company’s stock, valued at approximately $25,000.

Old National Bancorp Trading Down 0.6 %

Shares of NASDAQ:ONBPP traded down $0.14 during midday trading on Monday, hitting $25.04. 3,926 shares of the company’s stock were exchanged, compared to its average volume of 8,392. Old National Bancorp has a 12 month low of $18.53 and a 12 month high of $26.35. The stock has a 50 day moving average price of $25.09 and a 200-day moving average price of $24.50.

Old National Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, May 20th. Investors of record on Sunday, May 5th will be issued 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 6.99%.

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.