|Day Low/High||16.60 / 17.00|
|52 Wk Low/High||14.45 / 20.95|
EVANSVILLE, Ind., July 03, 2019 (GLOBE NEWSWIRE) -- Old National Bancorp (NASDAQ: ONB) will release details of its financial results for the second quarter of 2019 on Monday, July 22, 2019, prior to the market opening.
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Old National Bancorp , where a total of 4,932 contracts have traded so far, representing approximately 493,200 underlying shares. That amounts to about 78.6% of ONB's average daily trading volume over the past month of 627,260 shares.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Old National Bancorp , where a total volume of 5,014 contracts has been traded thus far today, a contract volume which is representative of approximately 501,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 58% of ONB's average daily trading volume over the past month, of 864,845 shares.
I've built a lot of tracking portfolios over the years, and this one had the lowest variability of returns.
Only one is in negative territory since I first looked at the group last May.
So far, so good, the portfolio is up about 14.5% versus 11% for the S&P Mid Cap 400 Index.
The most recent short interest data has been released for the 01/31/2018 settlement date, which shows a 1,050,317 share decrease in total short interest for Old National Bancorp , to 5,583,346, a decrease of 15.83% since 01/12/2018. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.
Recognition honors those who operate with purpose and incorporate integrity into their ecosystems.
Investors in Old National Bancorp saw new options begin trading this week, for the November 17th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the ONB options chain for the new November 17th contracts and identified the following put contract of particular interest.
President Trump looks to nominate Randal Quarles as Daniel Tarullo's successor at the Fed.
In recent trading, shares of Old National Bancorp have crossed above the average analyst 12-month target price of $16.86, changing hands for $17.50/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
The FDIC Quarterly Banking Profile for the first quarter continues to show increasing loan exposures to commercial real estate lending including construction and development loans.
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