Bank OZK (NASDAQ:OZKAP – Get Free Report) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 16,250 shares, a decrease of 42.6% from the June 30th total of 28,333 shares. Based on an average daily volume of 24,212 shares, the short-interest ratio is currently 0.7 days.
Bank OZK Stock Performance
OZKAP stock remained flat at $16.45 during trading on Wednesday. The company had a trading volume of 6,901 shares, compared to its average volume of 26,598. Bank OZK has a 12 month low of $15.76 and a 12 month high of $17.85. The business’s fifty day moving average price is $16.28 and its 200-day moving average price is $16.46.
Bank OZK Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 3rd will be given a dividend of $0.2891 per share. This represents a $1.16 annualized dividend and a dividend yield of 7.0%. The ex-dividend date is Monday, August 3rd.
Bank OZK Company Profile
Bank OZK, formerly Bank of the Ozarks until its rebranding in 2018, is a regional commercial bank headquartered in Little Rock, Arkansas. Established in 1903, the bank has expanded through both organic growth and strategic acquisitions to serve clients across the Southeast, Southwest and select Northern markets. Its operations include a network of branches and loan production offices in states such as Arkansas, Alabama, Florida, Georgia, North Carolina, New York, Texas and California.
The bank’s core business centers on specialty lending, with a particular focus on commercial real estate financing.
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