Short Interest in Bank OZK (NASDAQ:OZKAP) Rises By 125.8%

Bank OZK (NASDAQ:OZKAP) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 21,900 shares, a growth of 125.8% from the February 29th total of 9,700 shares. Based on an average daily volume of 36,400 shares, the days-to-cover ratio is presently 0.6 days.

Bank OZK Trading Up 2.3 %

Shares of OZKAP stock traded up $0.39 during trading hours on Thursday, hitting $17.47. 42,034 shares of the company’s stock were exchanged, compared to its average volume of 35,417. The firm has a 50 day moving average of $16.89 and a two-hundred day moving average of $16.06. Bank OZK has a fifty-two week low of $12.77 and a fifty-two week high of $18.00.

Bank OZK Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Thursday, February 1st were paid a $0.2891 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 6.62%. The ex-dividend date was Wednesday, January 31st.

About Bank OZK

Bank OZK provides various retail and commercial banking services for individuals and businesses in the United States. The company offers deposit services, including non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time and reciprocal deposits.