Short Interest in Bank OZK (NASDAQ:OZKAP) Rises By 125.8%

Bank OZK (NASDAQ:OZKAP) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 21,900 shares, a growth of 125.8% from the February 29th total of 9,700 shares. Based on an average daily trading volume, of 36,400 shares, the days-to-cover ratio is presently 0.6 days.

Bank OZK Stock Performance

Shares of OZKAP stock traded up $0.39 on Thursday, hitting $17.47. 42,034 shares of the stock traded hands, compared to its average volume of 35,417. The company’s fifty day moving average is $16.89 and its 200 day moving average is $16.06. Bank OZK has a 1-year low of $12.77 and a 1-year high of $18.00.

Bank OZK Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Thursday, February 1st were given a $0.2891 dividend. The ex-dividend date was Wednesday, January 31st. This represents a $1.16 dividend on an annualized basis and a dividend yield of 6.62%.

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.