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

Bank OZK (NASDAQ:OZKAP) saw a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 5,200 shares, a decrease of 69.4% from the October 31st total of 17,000 shares. Based on an average daily volume of 32,600 shares, the days-to-cover ratio is presently 0.2 days.

Bank OZK Stock Up 0.9 %

OZKAP traded up $0.15 during trading on Wednesday, hitting $17.24. The company’s stock had a trading volume of 36,047 shares, compared to its average volume of 31,168. Bank OZK has a twelve month low of $15.02 and a twelve month high of $19.88. The business’s fifty day simple moving average is $18.36 and its 200 day simple moving average is $17.24.

Bank OZK Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 1st were issued a dividend of $0.2891 per share. This represents a $1.16 annualized dividend and a yield of 6.71%. The ex-dividend date was Friday, November 1st.

About Bank OZK

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.