Bank OZK (NASDAQ:OZKAP – Get Free Report) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 33,554 shares, a growth of 106.5% from the July 15th total of 16,250 shares. Based on an average daily volume of 20,877 shares, the short-interest ratio is currently 1.6 days.
Bank OZK Trading Up 0.2%
Bank OZK stock traded up $0.03 during mid-day trading on Friday, hitting $16.17. 10,146 shares of the company’s stock were exchanged, compared to its average volume of 26,151. Bank OZK has a 1-year low of $15.76 and a 1-year high of $17.85. The stock has a 50 day moving average of $16.23 and a two-hundred day moving average of $16.41.
Bank OZK Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 3rd will be paid a dividend of $0.2891 per share. This represents a $1.16 annualized dividend and a dividend yield of 7.2%. 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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