Short Interest in Bank OZK (NASDAQ:OZKAP) Drops By 24.6%

Bank OZK (NASDAQ:OZKAP) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totalling 10,700 shares, a decrease of 24.6% from the June 15th total of 14,200 shares. Based on an average daily volume of 26,900 shares, the days-to-cover ratio is currently 0.4 days.

Bank OZK Stock Up 0.3 %

Shares of Bank OZK stock traded up $0.05 during trading hours on Monday, reaching $16.20. The company’s stock had a trading volume of 16,809 shares, compared to its average volume of 30,578. The stock’s fifty day simple moving average is $16.08 and its two-hundred day simple moving average is $16.62. Bank OZK has a one year low of $14.37 and a one year high of $18.00.

Bank OZK Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 15th. Investors of record on Thursday, August 1st will be given a $0.2891 dividend. The ex-dividend date of this dividend is Thursday, August 1st. This represents a $1.16 annualized dividend and a yield of 7.14%.

Bank OZK Company Profile

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.