Bank OZK (NASDAQ:OZKAP) Sees Significant Increase in Short Interest

Bank OZK (NASDAQ:OZKAP) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 13,880 shares, a growth of 277.3% from the September 30th total of 3,679 shares. Based on an average trading volume of 33,158 shares, the short-interest ratio is currently 0.4 days.

Bank OZK Price Performance

Shares of NASDAQ OZKAP traded up $0.03 during mid-day trading on Wednesday, reaching $14.97. The company’s stock had a trading volume of 33,446 shares, compared to its average volume of 29,952. The stock has a 50-day moving average of $15.33 and a two-hundred day moving average of $16.16. Bank OZK has a 1-year low of $14.60 and a 1-year high of $17.42.

Bank OZK Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Monday, November 2nd will be given a dividend of $0.2891 per share. The ex-dividend date of this dividend is Monday, November 2nd. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.7%.

Bank OZK Company Profile

Bank OZK is a regional bank headquartered in Little Rock, Arkansas. Formerly known as Bank of the Ozarks, the company provides banking and financial services to individuals, businesses and institutional clients through a network of banking offices and digital channels.

The bank offers deposit accounts, consumer and commercial loans, treasury management, private banking and wealth management services. Its lending activities include commercial real estate, residential development, corporate and specialty finance, small business lending, and personal loans.