Bank OZK (NASDAQ:OZKAP – Get Free Report) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 33,554 shares, an increase of 106.5% from the July 15th total of 16,250 shares. Based on an average daily volume of 20,877 shares, the days-to-cover ratio is currently 1.6 days.
Bank OZK Stock Performance
OZKAP opened at $16.17 on Monday. The firm has a fifty day moving average price of $16.23 and a 200 day moving average price of $16.41. Bank OZK has a 1 year low of $15.76 and a 1 year high of $17.85.
Bank OZK Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Shareholders 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 7.2%.
Bank OZK Company Profile
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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