Bank OZK (NASDAQ:OZKAP) Short Interest Up 24.2% in January

Bank OZK (NASDAQ:OZKAP) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 23,100 shares, an increase of 24.2% from the January 15th total of 18,600 shares. Based on an average daily trading volume, of 41,200 shares, the days-to-cover ratio is presently 0.6 days.

Bank OZK Trading Up 1.5 %

Shares of OZKAP traded up $0.26 during trading hours on Friday, hitting $17.97. 20,754 shares of the stock were exchanged, compared to its average volume of 30,758. Bank OZK has a fifty-two week low of $15.11 and a fifty-two week high of $19.88. The business has a 50-day moving average of $16.90 and a 200-day moving average of $17.52.

Bank OZK Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, February 3rd will be given a dividend of $0.2891 per share. This represents a $1.16 annualized dividend and a dividend yield of 6.43%. The ex-dividend date of this dividend is 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.