Short Interest in Bank OZK (NASDAQ:OZKAP) Rises By 559.4%

Bank OZK (NASDAQ:OZKAP) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 14,836 shares, a growth of 559.4% from the December 15th total of 2,250 shares. Based on an average trading volume of 53,313 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 53,313 shares, the short-interest ratio is presently 0.3 days.

Bank OZK Price Performance

NASDAQ:OZKAP traded down $0.10 on Monday, reaching $16.55. 58,042 shares of the company’s stock were exchanged, compared to its average volume of 29,292. The stock has a fifty day simple moving average of $16.51 and a 200-day simple moving average of $16.99. Bank OZK has a 52 week low of $15.69 and a 52 week high of $18.08.

Bank OZK Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Monday, February 2nd will be issued a $0.2891 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a $1.16 annualized dividend and a yield of 7.0%.

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.