Short Interest in Bank OZK (NASDAQ:OZKAP) Decreases By 42.6%

Bank OZK (NASDAQ:OZKAPGet Free Report) was the recipient of a significant decrease in short interest in 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 trading volume, of 24,212 shares, the short-interest ratio is presently 0.7 days.

Bank OZK Stock Performance

Shares of Bank OZK stock remained flat at $16.45 during trading hours on Wednesday. 6,901 shares of the company’s stock were exchanged, compared to its average volume of 26,598. The company’s fifty day simple moving average is $16.28 and its 200 day simple moving average is $16.46. Bank OZK has a 1-year low of $15.76 and a 1-year high of $17.85.

Bank OZK Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 3rd will be issued a $0.2891 dividend. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $1.16 dividend on an annualized basis and a yield of 7.0%.

About Bank OZK

(Get Free Report)

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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