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Old National Bancorp (NASDAQ:ONBPP) Sees Large Increase in Short Interest

kopsource ·  Feb 11, 2023 13:34

Old National Bancorp (NASDAQ:ONBPP – Get Rating) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 2,000 shares, a growth of 185.7% from the January 15th total of 700 shares. Based on an average daily volume of 11,600 shares, the days-to-cover ratio is presently 0.2 days.

Old National Bancorp Stock Up 0.7 %

Shares of NASDAQ:ONBPP traded up $0.18 during trading on Friday, reaching $25.52. The company's stock had a trading volume of 1,156 shares, compared to its average volume of 9,820. The firm's 50 day simple moving average is $25.42 and its two-hundred day simple moving average is $25.52. Old National Bancorp has a 12 month low of $24.40 and a 12 month high of $27.44.

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Old National Bancorp Company Profile

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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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