Bank OZK (NASDAQ:OZKAP) Sees Large Decrease in Short Interest

Bank OZK (NASDAQ:OZKAP) saw a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 27,500 shares, a drop of 26.7% from the February 13th total of 37,500 shares. Based on an average daily volume of 34,800 shares, the short-interest ratio is currently 0.8 days.

Bank OZK Trading Down 0.2 %

Shares of OZKAP traded down $0.04 during trading hours on Tuesday, hitting $17.18. The stock had a trading volume of 11,053 shares, compared to its average volume of 31,017. Bank OZK has a 12-month low of $15.11 and a 12-month high of $19.88. The company’s fifty day simple moving average is $17.27 and its 200 day simple moving average is $17.57.

Bank OZK Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 3rd were issued a $0.2891 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 6.73%. The ex-dividend date of this dividend was Monday, February 3rd.

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.