Bank OZK (NASDAQ:OZKAP) Short Interest Up 196.0% in June

Bank OZK (NASDAQ:OZKAP) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 28,333 shares, a growth of 196.0% from the June 15th total of 9,571 shares. Based on an average daily volume of 38,323 shares, the days-to-cover ratio is currently 0.7 days.

Bank OZK Trading Up 1.1%

Bank OZK stock traded up $0.18 during mid-day trading on Monday, hitting $16.32. The company’s stock had a trading volume of 30,347 shares, compared to its average volume of 27,271. The stock’s fifty day moving average is $16.30 and its two-hundred day moving average is $16.47. Bank OZK has a 1 year low of $15.76 and a 1 year high of $17.85.

Bank OZK Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 3rd will be given 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 7.1%.

About Bank OZK

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.