Bank OZK (NASDAQ:OZKAP) Short Interest Up 50.0% in August

Bank OZK (NASDAQ:OZKAP) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 6,900 shares, a growth of 50.0% from the August 15th total of 4,600 shares. Based on an average trading volume of 27,900 shares, the days-to-cover ratio is presently 0.2 days.

Bank OZK Stock Performance

Shares of Bank OZK stock traded up $0.37 during trading on Monday, reaching $17.92. 24,540 shares of the stock were exchanged, compared to its average volume of 30,208. Bank OZK has a 1 year low of $14.37 and a 1 year high of $18.00. The stock’s fifty day moving average is $17.08 and its 200 day moving average is $16.70.

Bank OZK Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 15th. Shareholders of record on Thursday, August 1st were issued a $0.2891 dividend. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $1.16 dividend on an annualized basis and a yield of 6.45%.

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.